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Is Fu Deng Credit an online loan?
Yes Fu Deng Credit is a wholly-owned microfinance company of Fu Deng Financial Holdings, a subsidiary of Singapore Temasek Holdings, in China. Since entering the China market in 2008, Fu Deng Financial Holding Company has set up four companies in Sichuan, Chongqing, Hubei and Yunnan, and Fu Deng Credit is an online loan company. Peer-to-peer lending refers to the lending model that realizes the information docking between borrowers and borrowers and completes the transaction with the help of e-commerce network platform.
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