Lufax building ebank ahead of IPO

In an exclusive interview, Lufax CEO Gregory Gibb explains how the company has a golden opportunity to offer more online-to-offline services to China's growing middle class.

Lufax building ebank ahead of IPO

Chinese peer-to-peer lender Lufax will use its newly raised $1.2 billion of additional funding not just to boost its lending capacity but also to connect more online investors with offline services, ahead of a planned initial public offering that could fetch more than $5 billion.

In an exclusive interview with FinanceAsia on Tuesday, Lufax chief executive officer Gregory Gibb said the Shanghai-based company has massive scope to...

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