英文摘要:
PPDai (NYSE: PPDF) used to be a peer-to-peer lending company in China. Unlike other peer-to-peer companies in China, PPDai never provide investors with sovereign guarantees. To solve borrowers’ credit rating problem, it put forward a series of technology solutions, such as credit rating system, anti-fraud system, and so on. With the help of fintech, PPDai was able to implement financial inclusion. Besides, PPDai also carried out fintech solutions to improve operating efficiency. However, the regulation changed during 2017, PPDai had to change business model. Nowadays, PPDai cooperates with more than 50 banks and other financial institutions, whose name also changed into Finvolution (NYSE: FINV).