quark finance group

Founded in 2014, Quark Finance was an internet finance company based in Shanghai, China. It operated as a peer-to-peer (P2P) lending platform, connecting individual investors with borrowers seeking consumer or small business loans. The company aimed to provide "inclusive financial services" leveraging technology and data analytics. It grew rapidly during the peak of China's P2P lending boom but collapsed in late 2018 amid a nationwide government crackdown on the industry due to widespread fraud and defaults.