Ning Tang, CEO and founder of Chinese fintech major Creditease, believes that the current landscape will require players in the finance sector to evolve their approach amid a highly disruptive technology landscape with substantial opportunity.
Beijing-headquartered fintech firm CreditEase specialises in inclusive finance and wealth management that explores payments, marketplace lending, crowdfunding, robo-advisor, insurance tech, blockchain and other frontiers. Its subsidiary, Yirendai is traded on the NYSE, and asked if the parent firm too would look at a listing, Tang said that the company had a 5-year plan made in 2015, which involved getting the whole firm to firm to access capital markets by 2020, without divulging additional details.