Is this the next unicorn from China?
May 27, 2015 at 03:04 AM EDT
Dianrong.com - a major Chinese peer-to-peer (P2P) online lender shaking up the country's traditional banking system - now boasts a valuation of "around" $1 billion dollars thanks to its latest round of fundraising, the company's founder and CEO Soul Htite told CNBC.