Fengchelicai was a financial technology company founded in 2015, operating as an online P2P lending platform in China. The platform's primary business was connecting individual investors with borrowers, offering various investment products with promised returns. It was part of a massive P2P industry boom in China. However, the company collapsed in July 2018 amid a nationwide crackdown on the P2P sector due to widespread fraud and regulatory tightening. The platform stopped payments to investors, and its executives became unreachable, ultimately leading to a police investigation.

Founded in

China