BEIJING, June 15, 2017 /PRNewswire/ -- Yirendai Ltd.
(NYSE: YRD) ("Yirendai" or the "Company"), a leading online
consumer finance marketplace in China, today announced that it was awarded the
Best P2P Lending Platform in China Award at The Future of Finance
Summit (the "Summit") held in Singapore on June 8-9,
2017. Yirendai is the first FinTech company in China to receive this prestigious reward.
Organized by The Asian Banker, a leading provider of strategic
intelligence on the financial services industry, the Summit is
an all-inclusive annual gathering that brings together a wide range
of market players -- banks, FinTech
players, insurance companies, asset managers, investors and
customers -- who are shaping the
future of finance. Each shortlisted company for an award undergoes
a rigorous three-month assessment by a panel of well-known bankers,
consultants and analysts selected by The Asian Banker that
evaluates the company's management capabilities, business
influence, financial performance, customer experience, risk
management, technology, innovation and strategy.
In addition, Yirendai received a P2P Audit Certification at the
Summit. The Asian Banker introduced the P2P Audit Award at this
year's summit to help maintain industry standards as well as help
customers, investors and regulators to identify credible players in
the digital world. The evaluation process involves audit
submissions to be completed in a comprehensive data sheet where the
basic quantitative and qualitative information will be collated and
processed.
"Yirendai's recognition as the best P2P lending platform in
China is a clear demonstration of
the progress we have made in executing our sustainable business
growth, consumer brand building and strong partnerships strategies
as well as our industry leading position in China's FinTech industry," commented Ms.
Yihan Fang, Chief Executive Officer
of Yirendai. "We have always been in close communication with
various regulatory bodies to ensure our full compliance. By
maintaining some of the industry's highest standards, we were also
able to receive P2P Audit Certification at the Summit. We will
continue to uphold the highest standards as we optimize our
business operations to further support long-term sustainable growth
and profitability."
About Yirendai
Yirendai Ltd. (NYSE: YRD) is a leading online consumer finance
marketplace in China connecting
investors and individual borrowers. The Company provides an
effective solution to address largely underserved investor and
individual borrower demand in China through an online platform that
automates key aspects of its operations to efficiently match
borrowers with investors and execute loan transactions. Yirendai
deploys a proprietary risk management system, which enables the
Company to effectively assess the creditworthiness of borrowers,
appropriately price the risks associated with borrowers, and offer
quality loan investment opportunities to investors. Yirendai's
online marketplace provides borrowers with quick and convenient
access to consumer credit at competitive prices and investors with
easy and quick access to an alternative asset class with attractive
returns. For more information, please visit
yirendai.investorroom.com.
For investor and media inquiries, please
contact:
Yirendai
Hui (Matthew)
Li
Director of Investor Relations
Email: matthewli@yirendai.com
Christensen
In China
Christian Arnell
Phone: +86 (0) 10-59001548
E-mail: carnell@christensenir.com
In U.S.
Linda Bergkamp
Phone: +1 (480) 614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE Yirendai Ltd.