p2p

Dublin-based CurrencyFair takes a first step into Asia, buying a unit of Convoy Holdings – a company at the centre of an anti-corruption investigation. Convoy will invest in CurrencyFair.

The Chinese lender's founders become co-chairmen and hand over day-to-day CEO duties ahead of expected 2018 listing.

One of China's largest peer-to-peer lenders buys Quark Finance's asset-origination arm in ground-breaking M&A deal, a first in the P2P sector.

The Chinese peer-to-peer lender postponed a private funding round that was due to complete in March after the industry was rocked by a Ponzi scandal.

Levin Zhu, son of former Chinese premier Zhu Rongji, tells the Boao Forum that finance still needs the human touch and that technology will not lead to its extinction.

E.Sun Commercial Bank aims to solidify its presence in Southeast Asia and also has China in its sights.

John Kay, author of Other People’s Money, says industry structure and incentives must lead to new generation of specialist firms.

J Capital Research argues China’s P2P lending, payments and fintech players’ e-commerce parents face mass closures in 2016.

Online lending companies believe they have enormous room to grow, although rising US interest rates could place their business models under pressure.