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Ucredit Renrendai

Renrendai (www.renrendai.com) was founded in 2010, making it one of the first peer-to-peer marketplaces in China. We provide professional online credit and investment facilitation services to individual borrowers and investors.

Renrendai became one of the industry leading companies, with five key advantages including: professional team, specialization and focus, strict compliance with regulations, comprehensive risk management and highly trusted brand.

Since its founding in 2010, Renrendai has worked proactively to comply with all rules and regulations in online lending sector. Renrendai adheres to the principle of prudence and diversification, and entered into custodial banking relationship with China Minsheng Bank in 2016, becoming one of the first peer-to-peer companies to comply with custodian bank regulation. Further, Renrendai regularly discloses information in accordance with regulatory policies to ensure transparent disclosure. As a result, Renrendai consistently ranked as the No. 1 peer-to-peer company in terms of compliance by Wangdaizhijia.

By the end of Q1 2019, Renrendai’s transaction volume exceeded RMB82 billion, with over 32.6 million registered users, and had helped investors earn cumulatively over RMB8.5 billion. (From Renrendai's internal statistics)

Renrendai has attracted significant industry attention over the years, including being included in the Internet Society of China and Ministry of Industry and Information’s 2015 and 2016 lists of Top 100 Internet Companies in China, and being selected in Hurun New Financial 100 list. In addition, Renrendai was the only peer-to-peer company certified as “a Company with AAA Credit Rating” by Credit Rating Center of Internet Society of China, a rating organization approved by the Ministry of Commerce, Ministry of Industry and Information Technology. In 2018, Renrendai was ranked as one of 2017’s Unicorns by the Ministry of Technology.

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