Monday, February 23, 2015

CHINA RAPID FINANCE PRE-APPROVES 50 MILLION CHINESE CONSUMERS FOR FIRST-TIME LOANS

Tencent's Mobile QQ Users To Benefit From CRF's Instant Borrowing Option
KUALA LUMPUR, Feb 23 (Bernama) -- China Rapid Finance ("CRF"), a leader in Chinese marketplace lending and credit decisioning, on 19 February 2015 announced that it has extended pre-approved loan offers of 500 RMB (~US$80) to 50 million consumers including pre-screened users on QQ, Tencent's leading social networking platform, with 820 million users, and customers of China Union Pay, China's leading payment network. To notify the users of their new borrowing opportunity, this week CRF launched a nationwide mobile-based marketing campaign that will be followed by a billboard campaign.

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