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China cracks down on Internet finance sector

Apr 21, 2016
The ballooning sector in China has escaped regulation — up until now.
The headquarters of the People's Bank of China.
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Lending Club goes public

Dec 11, 2014
The world’s largest peer-to-peer lending platform is launching its IPO.

Financial innovation and social lending

Apr 16, 2012
Peer-to-peer lending, also called social lending, is bringing together online individual lenders and individual borrowers for a fee. They cut out banks and other mainstream lenders. The innovation appears to be working.