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Taking the High Road, There’s a Lot Less Traffic There by China Rapid Finance’s Zane Wang
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Taking the High Road, There’s a Lot Less Traffic There by China Rapid Finance’s Zane Wang

Taking the High Road, There’s a Lot Less Traffic There by China Rapid Finance’s Zane Wang

Fintech Nexus Staff·
FintechNews Roundup
·Aug. 17, 2017·1 min read

Zane Wang shares the contrast of consumer finance in the US and China from 2000 to 2017; in 2000 China had no credit bureau, no decisioning engines but there was a vast market opportunity; this is the opportunity that China Rapid Finance has capitalized on; in recent years there have been many developments in China with more people covered by the credit bureaus and in consumer finance/credit cards; Wang shares the tremendous growth potential that still exists in the Chinese market and their focus on the emerging middle-class mobile active. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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