Dianrong CEO expects P2P lender-bank harmony

P2P lenders will transform the way traditional banks operate but they are not going to fully replace them, says Soul Htite, co-founder and chief executive officer of Dianrong.com.

The rise of peer-to-peer lending companies is not an existential threat to conventional banking but will instead complement the industry by serving people that traditional banks cannot reach.

¬ Haymarket Media Limited. All rights reserved.

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