Yirendai Announces Issuance Completion of RMB 250M Asset-Backed Securities & Chief Technology Officer Resignation

Yirendai Ltd. (NYSE: YRD), an online consumer finance marketplace in China, announced on Monday the completion of issuance of RMB 250 million asset-backed securities (“ABS”). Last month, Yirendai announced this week it will be considered as the first online consumer finance marketplace in China facilitating consumer loan products with the… Read More
Read more in: Asia, Investment Platforms and Marketplaces | Tagged abs, asia, china, ning tang, trust, yihan fang, yirendai