Weidai Ltd - ADR

NYSE:WEI   3:44:15 PM EDT
0.77
-0.03 (-4.16%)
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Weidai Ltd - ADR Stock, NYSE:WEI

No. 9 Baiyun Road, Shangcheng District, Hangzhou, Zhejiang
Phone: +86.571.5697.9013
Number of Employees: 2382

Description

Weidai Ltd. engages in the provision of auto-backed financing solutions. It transforms used automobiles, a type of no-standard collateral into investable assets to provide accessible credit for small and micro enterprises, and connects the borrowers with institutional funding partners through its platform. The company was founded by Hong Yao in February 2010 and is headquartered in Hangzhou, China.