China Rapid Finance Ltd
Joseph Wang is a seasoned management consultant, spending many years in McKinsey’s Chicago office, and later in Roland Berger Shanghai office, advising clients in the financial services and technology sectors. Mr. Wang also has held executive positions in publicly listed companies in the US and China. He was a Vice President at Assurant Inc. (NYSE: AIZ) in the US, and General Manager of Group Integrated Financial Services Strategy at Ping An Insurance (Group) Company of China (HKSE: 02318; SHSE: 601318). Before joining China Rapid Finance, he was the Chief Operating Officer & Managing Partner at Gopher Asset, a fully owned subsidiary of Noah Holdings Limited (NYSE: NOAH) in China. Mr. Wang graduated Phi Beta Kappa from Grinnell College with a BA in Economics, and received his MBA from The Wharton School at the University of Pennsylvania. Mr. Wang is also an adjunct professor at the Graduate School of Economics at Fudan University in Shanghai.
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China Rapid Finance Ltd
China Rapid Finance Limited is a consumer lending company. The Company, through its subsidiaries, is principally engaged in providing a consumer lending marketplace for lenders and borrowers in the People's Republic of China with predictive selection technology (PST), automated decisioning technology (ADT), and non-credit data analytic and risk-based pricing capabilities. Its target market includes prime and near-prime Emerging Middle-class, Mobile Active consumers (EMMAs). It serves marketplace investors and borrowers both online and through a physical network of over one hundred data verification centers. It offers consumption loans, lifestyle loans and micro-credit lending. The Company generates revenue primarily from transaction and service fees by providing lending-related services. As of March 31, 2017, the Company had facilitated more than 10.7 million loans to more than 1.4 million borrowers.