Tagged: jimubox

Jimubox Debuts Stock Trading Platform to Help Chinese Investors Access U.S. Equities Market

This week, Chinese fintech marketplace Jimubox, announced the launch of JimuStock, an online stock trading platform that provides seamless access to the US equities market for the emerging Chinese affluent class. The initiative is the first of its kind in the country’s booming Internet finance sector… Read More

Fintech Marketplace Jimubox Launches Intelligent Advisory Platform

On Thursday, Chinese fintech marketplace, Jimubox, announced the launch of an intelligent advisory platform; a multi-asset class, multi-product type online wealth management platform that will uniquely serve the next generation of Chinese investors. Over the last two years, Jimubox revealed that over the last two… Read More

Are Chinese Platforms Abandoning the Peer-to-Peer Model?

Following in the footsteps of Chinese internet giants such as Alibaba, Tencent, and JD.com, leading Chinese P2P platforms have begun evolving into one-stop wealth management platforms. Alibaba’s Ant Financial, Tencent’s WeBank, and JD.com’s JD Finance (for some background on these platforms, please refer to a… Read More

Woes with Chinese Custodian Banks

When the State Council of China issued its guidelines for the internet finance industry in July, the single most talked about guideline among platform operators is the government’s encouragement of banks to provide custodian services for investor funds used for platform transactions. Many have interpreted… Read More

P2P Lending: Addressing the Challenges that China is Facing as its Economy Transforms

Back in April of this year, Jimubox, a young peer to peer lending platform based in Beijing, closed a funding round of $84 million.  Jimubox, founded only in August of 2013, has quickly risen to become one of the leading direct lending platforms in the… Read More

Jimubox Secures $84M in Series C Funding: UK’s Investec Bank Lead Investor for Beijing P2P Lender

Peer-to-peer lending startup Jimubox announced that it had secured $84 million in series C funding, just seven months after the Beijing-based firm attracted US$37 million from Xiaomi and ShunWei Capital, according to Tech in Asia. The lead investor on Jimubox’s most recent round is UK’s Investec Bank. Haitong… Read More

P2P Lenders Partner with China Minsheng Bank to Manage & Safeguard Investor Funds

Jimubox, a peer to peer lending platform, has formed an arrangement with China Minsheng Bank to help protect investors funds.  The bank will now be used to conduct all financial transactions and will hold investors funds.  RenRenDai and Minshengyidai, two other peer to peer lending… Read More

China: The Different Categories of Peer to Peer Lending Platforms

The biggest Peer to Peer (P2P) lending market, China, has been experiencing explosive growth. After two articles introducing the historical growth and outlook for this market, we are going to take a micro look on the huge variety of (P2P) lending platforms emerging in China…. Read More

Xiaomi Backed Jimubox to Triple Peer to Peer Lending to $1.6 Billion in 2015

In a recent report China peer to peer (P2P) lending platform Jimubox disclosed it expects to triple its lending business to $1.6 billion in 2015.  The company lent a total of 100 million Yuan ($16.3 million) in 2013 after launching in August. Former Wall Street… Read More

Chinese Peer to Peer Lender Jimubox Raises Hefty $37 Million in Series B

  China based peer to peer (P2P) lending site Jimubox announced today during a press conference in Beijing they had secured a substantial $37,190,000 investment in a Series B round.  The funding was said to be “competitive” and was led by Xiaomi and Shunwei Capital… Read More

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