Chinese Lender LexinFintech Rethinks IPO

LexinFintech Holdings operates Fenqile, a leading online lender in China, and is now rethinking their IPO plans; LexinFintech is attempting to raise $500mn through their IPO but concerns about regulators in China have made the company have second thoughts; the company is planning to come to a decision soon on whether or not to plan their roadshow ahead of the IPO. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.