Shengxinbao (Shanghai) Financial Information Service Co., Ltd., founded in 2015, operated an online P2P lending platform under the brand "Shengxinbao". The company's business model was to act as an intermediary, providing a marketplace for individuals to invest in loans for other individuals or small businesses, offering various investment products with promised returns. Shengxinbao was part of China's P2P lending boom but ceased operations around 2018 amidst a nationwide regulatory crackdown on the industry that led to the collapse of thousands of similar platforms.

Founded in

China