PangMaoBao, operated by Shanghai Rongzhi Information Technology Co., Ltd. (上海融至信息科技有限公司), was a financial technology company that provided an online marketplace for P2P lending. The platform connected individual investors with borrowers, offering various investment products with different terms and interest rates. It was part of a major wave of P2P platforms in China, aiming to provide alternative financing and investment channels outside the traditional banking system before the industry faced significant regulatory tightening, leading to the company's closure.

Founded in

China