About PPDai Group
PPDai Group is a company that operates in the financial services sector, with a focus on online lending. The company provides a platform for individuals to secure small, short-term loans. It primarily serves individuals and small and micro enterprises. It is based in Shanghai, Shanghai.
Expert Collections containing PPDai Group
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
PPDai Group is included in 3 Expert Collections, including Fintech 100.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Excludes US-based companies
Latest PPDai Group News
Jan 26, 2020
Peer-to-peer (P2P) lending enables individuals to obtain loans directly from other individuals, cutting out the financial institution as the middleman. The market research report on global peer to peer lending studies the market demand, opportunities, restraints and tending scenario for the period ranging from 2015 to 2025. The report sketches the historical trends from 2015 to 2017 and market forecast from 2018 to 2025. Moreover, the report also covers the present status and future prospects of the market at global as well as country level. The global peer to peer lending market is segmented on the basis of type overview and regional overview. Get Sample Research Report @ https://www.adroitmarketresearch.com/contacts/request-sample/393 Peer to Peer (P2P) Lending Market Size, Share & Global Forecast 2018-2025 Peer to Peer (P2P) Lending companies have stepped-in, to make the most chance out there to assist grow small size business borrower’s desires. Most of the small size business lending platforms use machines and digital tools to produce credit facility to a large variety of small businesses quickly and expeditiously, predominantly to those that have been rejected by banks. Thus, small businesses act as a significant user in the Peer to Peer (P2P) Lending market. As an example, small size businesses type the backbone of the U.S. economy of all jobs, according to the U.S. small business administration. And these businesses want capital so as to grow. Global peer to peer lending market is projected to reach USD 820.70 billion by 2025. The driving factors influencing the global peer to peer lending market demand are growing awareness among consumers, transparency in process, low-interest rates, process efficiency for easy loan distribution, and demand for loans by small & medium enterprises, real estate sector and other consumer loans. Peer To Peer (p2p) Lending Market lending has a lot of potential in the developing economies owing to high demand for consumer loans. Growing awareness about marketplace lending, low-interest rates, and investment transparency are driving the market further. The companies are investing in new technologies to make the process more easy and efficient. For instance, Faircent has launched e-sign facility in collaboration with eMudhra to reduce the turnaround time for loan distribution by further reducing the human intervention in the process. Additionally, the regulatory bodies are working towards imposing strict regulations to curb the increasing fraudulent activities in the P2P lending market. Based on the type, global peer to peer lending are categorized into consumer lending and business lending. In the year 2017, consumer lending dominated the overall peer to peer lending market by occupying a 72.2% share. P2P lending has provided easy access to loans due to which there is a rise in personal loans, home loans, student loans, and other consumer loans. However, business lending is also witnessing a significant growth owing to the growing number of small & medium businesses across the globe registering an exponential growth rate over the forecast period. Direct purchase the Single user copy of the research study @ https://www.adroitmarketresearch.com/researchreport/purchase/393 . Or Are you looking for a discount on purchasing the report? If yes then, contact us @ https://www.adroitmarketresearch.com/contacts/discount/393 Looping on the regional overview, the global peer to peer lending is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. In 2017, Asia Pacific dominated the global P2P lending market of which China occupied a major share in this region. However, in recent years there has been an increasing number of P2P lending frauds in China due to which China Banking and Insurance Regulatory Commission has imposed stringent regulations to restrict P2P lending companies from committing crimes. In Europe, Unite Kingdom dominated the P2P market by contributing more thena 82.3% market share. Zopa was founded in 2005, the first company to launch website for borrowing and lending services. Afte which many new companies were lauched including funding circle and rate setter. The stringent reguations implemented by the Financial Conduct Authority has paved the way for the UK P2P lending market. Moreover, many start ups are coming in the market as fundings are increasing by venture capitals. As of 2017, the global P2P lending market is fragmented with many regional and international players across the globe. Here are some of the leading players of the global peer to peer lending market include Zopa, Prosper Marketplace, Lending Club, Funding Circle, Upstart, SoFi, RateSetter, China Rapid Finance, PPDAI Group, Funding Societies. Key Segments of the Global Peer To Peer Lending Market Type Overview, 2015-2025 (USD Million) Consumer Lending North America Asia Pacific Middle East & Africa
PPDai Group Frequently Asked Questions (FAQ)
Where is PPDai Group's headquarters?
PPDai Group's headquarters is located at Building G1, No. 999 Dangui Road, Shanghai.
What is PPDai Group's latest funding round?
PPDai Group's latest funding round is IPO.
How much did PPDai Group raise?
PPDai Group raised a total of $101.3M.
Who are the investors of PPDai Group?
Investors of PPDai Group include HongShan, Lightspeed China Partners, Legend Capital, SIG Asia Investments, VMS Asset Management and 4 more.