China Rapid Finance Named "2019 China New Finance Top 50" by Hurun Report
SHANGHAI, Jan. 18, 2019 /PRNewswire/ -- China Rapid Finance Limited ("XRF" or "the Company") (NYSE: XRF), operator of one of China's largest consumer lending marketplaces, today announced that it was named as one of the "2019China New Finance Top 50" by Hurun Report. The Hurun Report, founded by ...
Additional Senior Talent Joins Executive Team at China Rapid Finance
SHANGHAI, Dec. 10, 2018 /PRNewswire/ -- China Rapid Finance Limited (the "Company" or "XRF") (NYSE: XRF), operator of one ofChina's leading consumer lending marketplaces, announced that its Vice President of FinanceLan Xie has completed her planned onboarding as Chief Financial Officer. Ms. Xie'...
China Rapid Finance Reports Third Quarter 2018 Unaudited Financial Results
--Profitability remained flat on improved operating efficiency-- --Net revenue down 23% Q/Q amidst regulatory and market uncertainty-- --Significant improvements in Breakeven Volume and Take Rate building a path toward profitability-- --Well positioned for future growth-- SHANGHAI, Nov. 20, 201...
China Rapid Finance to Announce Third Quarter 2018 Financial Results on November 20, 2018
SHANGHAI, Nov.14, 2018 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (NYSE: XRF), operator of one ofChina's largest consumer lending marketplaces, today announced that it plans to release its third quarter 2018 financial results on Tuesday, November 20, 2018...
China Rapid Finance Announces Submission of Regulatory Report and Board Change
SHANGHAI, Oct. 1, 2018 /PRNewswire/ -- China Rapid Finance Limited (the "Company" or "XRF") (NYSE: XRF), operator of one ofChina's largest consumer lending marketplaces, today announced that it submitted its P2P Compliance Self-Inspection Report (the "Report") to its local P2P regulatory office. ...
China Rapid Finance Names Former Hewlett Packard Executive as Co-CEO
Appointment Adds Fortune 500 Talent to Leadership Team SHANGHAI, Sept. 25, 2018 /PRNewswire/ -- China Rapid Finance Limited ("XRF" or the "Company") (NYSE: XRF), a leading consumer finance marketplace and technology platform inChina, today announced the expansion of its leadership team with the ...
China Rapid Finance to Participate in DBS Fintech Corporate Day
SHANGHAI, Sept. 19, 2018 /PRNewswire/ -- China Rapid Finance (NYSE: XRF), a leading online consumer finance platform inChina, today announced that its Chief Executive OfficerZane Wang will participate in the DBS Fintech Corporate Day, to be held at the Fullerton Hotel inSingapore on Thursday, Sep...
China Rapid Finance Invited to Pivotal Regulatory Compliance Event
SHANGHAI, Sept. 17, 2018 /PRNewswire/ -- China Rapid Finance Limited ("XRF" or "the Company") (NYSE: XRF), operator of one ofChina's largest consumer lending marketplaces, announced that its senior executives participated in the Compliance Inspection Training Conference which was hosted by the N...
China Rapid Finance Announces up to US$20 Million Share Repurchase Program
SHANGHAI, Aug. 15, 2018 /PRNewswire/ -- China Rapid Finance Limited ("CRF" or "the Company") (NYSE: XRF), operator of one ofChina's largest consumer lending marketplaces, announced that its board of directors approved a share repurchase program whereby the Company is authorized to repurchase its ...
China Rapid Finance Reports Second Quarter 2018 Unaudited Financial Results
--Net Revenue Up 51%, Adjusted EPS Loss Reduced by Half-- --Lender Funding Remained Resilient-- --Reorganization Reduced OPEX Run Rate by 11% or $4.2 million-- --Breakeven on Loan Volumes Less Than Half the 2017 Rate-- --$20 Million Share Repurchase-- SHANGHAI, Aug. 15, 2018 /PRNewswire/ -- China R...
China Rapid Finance to Announce Second Quarter 2018 Financial Results on August 15, 2018
SHANGHAI, Aug. 9, 2018 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (NYSE: XRF), operator of one ofChina's largest consumer lending marketplaces, today announced that it plans to release its second quarter 2018 financial results on Wednesday, August 15, 201...
China Rapid Finance Reports First Quarter 2018 Unaudited Financial Results
--Gross Billings Up 90% Y-o-Y, Driven by Organic Growth of Recurring Borrowers-- --Cash Balance over $70 million-- --Reorganization into Business Units Enabling Loan Product Expansion & Operational Efficiency-- --Expect Significantly Improved Operational Performance in Upcoming Quarters-- SHANG...
China Rapid Finance to Announce First Quarter 2018 Financial Results on June 15, 2018
SHANGHAI, June 12, 2018 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (NYSE: XRF), operator of one ofChina's largest consumer lending marketplaces, today announced that it plans to release its first quarter 2018 financial results on Friday, June 15, 2018 bef...
China Rapid Finance Receives ISO27001 Certification
-- Achieves Internationally Recognized Standards for Information Security -- SHANGHAI, June 4, 2018 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (NYSE: XRF), operator of one ofChina's largest consumer lending marketplaces, today announced that it achieved I...
China Rapid Finance Announces Preliminary First Quarter 2018 Results
--One-Time Charges and Operating Loss Due to Regulatory Impact-- --Aggressive Cost-Cutting Program Underway-- --Expect Second Half Profit-- --Earnings Conference Call Expected by Mid-June-- SHANGHAI, May 24, 2018 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company")...
China Rapid Finance Reports Unaudited Fourth Quarter and Full Year 2017 Results
--Achieved Q4 Non-GAAP Profitability Before Income Tax Expense-- --Strong Operating Cash Flow for Last Two Quarters— --Cash Balance Increased Since the IPO to $94.9 million as of 12/31-- SHANGHAI, April 3, 2018 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (N...
China Rapid Finance Executives Selected to Speak at LendIt Fintech USA 2018
Industry Thought Leader & CEO Dr. Zane Wang to Speak on Artificial Intelligence & Credit Decisioning SHANGHAI, April 2, 2018 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (NYSE: XRF), a leading online consumer lending marketplace, announced today that the C...
China Rapid Finance to Announce Fourth Quarter and Full Year 2017 Financial Results on April 3, 2018
SHANGHAI, March 23, 2018 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance") (NYSE:XRF), one ofChina's largest consumer lending marketplaces, today announced that it plans to release its fourth quarter and full year 2017 financial results onTuesday, April 3, 2018 after the U.S. ma...
China Rapid Finance Views Long-term Impact of New Industry Rectification Notice as Favorable to Its Business
SHANGHAI, Dec. 4, 2017 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (NYSE: XRF), a leading online consumer lending marketplace, today announced that it believes the long-term impact of the principles outlined in theNotice on the Rectification of Cash Loan B...
China Rapid Finance Reports Unaudited Third Quarter 2017 Financial Results
- Gross Billings on core Consumption Loans up 1258% Y-o-Y - Total Gross Billings up 125% Y-o-Y - Operating Cash Flow Positive - Number of New Borrowers Increased by 804% Y-o-Y - Guidance to Q4 Profitability SHANGHAI, Nov. 9, 2017 /PRNewswire/ -- China Rapid Finance Limited ("China R...
