Singapore’s sovereign wealth fund invests in risky peer-to-peer lending platform from China

Singapore’s sovereign wealth fund invests in risky peer-to-peer lending platform from China Singapore’s sovereign wealth fund, GIC Pte Ltd has reportedly invested a whopping $220 million along with other investors in Dianrong – a peer-to-peer lending platform from China. The firm is to use GIC’s funds to automate some of it’s branches for research, development and acquisitions, according to Reuters. Peer-to-peer or P2P investing is a platform […] Source -> http://last-cabin.xfer.tk/2017/08/singapores-sovereign-wealth-fund-invests-in-risky-peer-to-peer-lending-platform-from-china/