In 2006, Mr. Tang Ning founded CreditEase, China’s first marketplace lending company. Over the past decade, CreditEase has evolved to become one of China’s leading FinTech companies, specializing in small business and consumer lending as well as wealth management for China’s rapidly growing number of high net worth and mass affluent investors.
Under Mr. Tang’s leadership, CreditEase has established a strong nationwide network covering 255 cities (including Hong Kong), and rural areas in 20 provinces across China. The successful listing of CreditEase’s online consumer finance subsidiary, Yirendai (NYSE: YRD), marked a milestone in the development of China’s FinTech industry.
During his early career, Mr. Tang joined Wall Street investment bank Donaldson, Lufkin & Jenrette where he worked on IPOs, bond issuance and M&A in the areas of finance, telecommunications, media and high-technology. Upon returning to China in 2000, he served as a Director at US-listed AsiaInfo, and established China Growth Capital, a venture capital firm investing in early-stage consumer and enterprise technology startups.
Mr. Tang is a member of the advisory committee of Tsinghua University’s China Entrepreneur Training Program, and serves as an advisor to Peking University’s Social Entrepreneurship Training Program. He studied mathematics at Peking University, and earned a bachelor’s degree in economics at University of the South in US.