Weidai Ltd. American depositary shares, each representing one (1) Class A ordinary share (WEI) Company Bio
Weidai Ltd. Weidai Ltd. is a China-based company principally engaged in the provision of auto-backed financing solutions. The Company mainly provides small and micro enterprise owners with accessible credit service. Its platform connects borrowers, the majority of which are small and micro enterprise owners, with both online investors and institutional funding partners. The Company also provides other secured and unsecured loan services. The Company's lending decisions are generally made within 30 minutes of application after information collection and automobile appraisal, and loans are generally disbursed within the same day, including weekends, delivering superior user experience.
Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced its financial results for the six months ended June 30, 2020, which have not been audited or reviewed by the Company's independent registered accounting firm.
China’s scandal-hit peer-to-peer (P2P) lending sector is once again in the spotlight. This time authorities are investigating Weidai (Hangzhou) Financial Information Service, Hangzhou’s largest online microloans provider, for alleged illegal fundraising activities.“The public security authorities will start checking and exerting control over the relevant assets and manage the process of stolen funds retrieval and loss limitation,” according to a statement released late on Saturday by the city’s…
Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced the appointment of Marcum Bernstein & Pinchuk LLP ("MarcumBP") as the Company's independent registered public accounting firm.