PE shuns China fintech startups amid P2P worries
China's financial technology sector has seen a sharp drop in flows from private equity investors amid concerns about peer-to-peer lenders and the prospects for start-ups.
Private investment into financial technology slowed sharply in China last month, amid a crackdown on peer-to-peer (P2P) lending platforms and investors taking a more cautious stance on start-ups in the sector.
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