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China Rapid Finance overview

Industry
Financial Services
Revenue
Employees
2,530
Founded in
Website
Organization type
Public
Social media
China Rapid Finance is an online consumer lending marketplace serving online users and China's emerging middle class. The Company provides consumer credit access to the world's largest untapped market, expected to grow to more than RMB 5.4 trillion (US $870 billion) by 2020. Its technology enables socially inclusive financing to the most creditworthy individuals, serving a potential 500 million consumers who are economically active but never have had access to bank credit. China Rapid Finance is a recognized technology innovator and has transformed China's consumer credit landscape with its introduction of the most advanced omni-channel borrower acquisition system and proprietary Big Data analytics technology platform featuring an end-to-end automated credit decisioning system. It has a proven track record in credit risk management, transparency and a culture focused on innovation with more than 5,000 employees and 80 data verification centers across China. China Rapid Finance was founded in 2001 by Mr. Zane Wang, PhD, one of China's leading experts in consumer credit market innovation and lending marketplace technology. Prior to founding China Rapid Finance, Dr. Wang received his PhD in Statistics from the University of Illinois at Chicago and started his career in the United States, serving as Head of Analytics for Sears Credit - the world's largest retail credit card portfolio, subsequently acquired by Citibank. Upon returning to China, Dr. Wang advised the People's Bank of China on the creation of China's national credit bureau and the first functioning credit bureau in Shanghai before launching China Rapid Finance. Dr. Wang also is the only Council Committee member of the China Association of Microfinance from the marketplace lending industry, and the Secretary of the Shanghai Financial Information Professional Committee, a branch of the Shanghai government trade association.
A large finance company with 2,530 employees and an annual revenue of $74.9M, China Rapid Finance is headquartered in the United States.

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The team at China Rapid Finance

  • The founders of China Rapid Finance is Zane Wang.
  • The key people at China Rapid Finance are Russell Krauss and Zane Wang.
Key people
Russell Krauss
Zane Wang

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Zippia gives an in-depth look into the details of China Rapid Finance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about China Rapid Finance. The employee data is based on information from people who have self-reported their past or current employments at China Rapid Finance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by China Rapid Finance. The data presented on this page does not represent the view of China Rapid Finance and its employees or that of Zippia.

China Rapid Finance may also be known as or be related to China Rapid Finance, China Rapid Finance Ltd and China Rapid Finance Ltd.