Chinese online P2P lender X Financial has filed for an initial public offering in the US seeking to mop up to US$250 million, according to its IPO prospectus. X Financial was founded in 2014 by Tang Yue, a serial entrepreneur who co-founded online travel service company eLong Inc. and Chinese private equity fund Blue Ridge China. X Financial provides personal financial services based on mobile internet and big data in China. Its products include a P2P lending platform, credit card …

Chinese P2P Lender X Financial Files $250M US IPO appeared first on China Money Network.