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Renrendai is a Beijing-based company providing a P2P platform for financial services such as loans, debts, investment, and others. It targets white-collar employees and small business owners as its customers, charging borrowers a management fee of 0.3% of the borrowed money, and a service fee of up to 5% for high-risk borrowers.
PRODUCTS & SERVICES
The company generates revenue managememt fee i.e 0.3 % of the borrowed money and the service fee upto 5%
VALUATION / MARKET CAP:
$866.67 M in 2015
SEED & PRIOR FUNDING
SERIES A · $130 M · ---
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