ChinaFintech – Consumer Credit Reporting Agency Baihang Signs up 120+ Data Partners

Baihang (百行征信), the only licensed consumer credit reporting agency mainly targeting alternative lenders, has reached data sharing partnerships with more than 120 companies in internet finance and traditional consumer finance sectors. (link in Chinese)

Baihang would collect and process data submitted by partners and in turn provides access to its credit information database and other “value-added” services.

Before the establishment of Baihang earlier this year, major Chinese lenders that offered loans online largely relied on their in-house developed credit screening systems which take alternative data from both their own sites and third-party vendors into account.

The first batch of 15 companies to get integrated onto Baihang’s platform are mainly online lenders.

Here’s the list,

Established internet companies

Online consumer financing providers

Licensed consumer finance companies

Auto finance companies

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