Dianrong to get $207m cash infusion

Standard Chartered among group of investors who have provided funds

Dianrong.com on Thursday got the largest round of funding in China's peer-to-peer lending sector till date with a $207 million cash infusion from a group of investors led by global lender Standard Chartered Plc.

This is the third round of financing for Dianrong.com. China Fintech Fund and Bohai Leasing are the other lenders apart from StanChart that have contributed to the funding.