Jiayin Group onboards 3 new institutional funding partners

Jiayin Group Inc announced institutional partnership expansion on November 10, 2020.

Primary

Jiayin Group Inc

Structure

institutional partnership expansion

Date

November 10, 2020

Sub-sector

Lending

Jiayin transitioned from P2P to institutional funding model; onboarded 3 new institutions post-transition milestone, with 36 more in discussions.

Primary company

Jiayin Group Inc

Counterparty

Not disclosed

Amount

Not disclosed

Event date

November 10, 2020

Sub-sector

Lending

HQ

Not disclosed

Structure

institutional partnership expansion

Source published

November 30, 2020

Publisher

The Motley Fool

Source: fool.com