Chinese online peer-to-peer (P2P) lender Weidai Hangzhou Financial Information Service Company is seeking to raise about US$45 million in an initial public offering (IPO) in the U.S., drastically shrinking from the previously-rumored US$100 million. The company plans to offer 4.5 million American Depository shares (ADSs) at the pricing of between US$9 and US$11 apiece, as […]

Chinese Online P2P Lender Weidai Seeks To Raise $45M In US IPO appeared first on China Money Network.