Ant Group and China's online consumer credit expansion (2014–2020)

1. Ant Financial is formally established

   Oct 16, 2014Labels: Ant Financial

   • Hangzhou Gov
   • Ant Group

2. Huabei launches as in-app consumer credit

   Dec 1, 2014Labels: Huabei

   • TechCrunch
   • Case Study

3. Sesame (Zhima) Credit is introduced

   Jan 28, 2015Labels: Sesame Credit

   • Sesame Credit
   • Case Study

4. Jiebei launches for cash-style borrowing

   Apr 1, 2015Labels: Jiebei

   • Case Study
   • TechCrunch

5. P2P lending grows rapidly, broadening alternative credit

   Jun 1, 2016Labels: P2P lending

   • BIS QReview
   • McKinsey

6. China issues interim rules for online lending intermediaries

   Aug 1, 2016Labels: Interim rules

   • SEC Filing
   • BIS QReview

7. P2P shakeout intensifies after major failures

   Jan 1, 2018Labels: P2P failures

   • McKinsey
   • TechCrunch

8. P2P balances peak around mid-2018

   Jun 1, 2018Labels: P2P balances

   • McKinsey
   • TechCrunch

9. Nationwide P2P cleanup accelerates through 2019

   Jan 1, 2019Labels: P2P cleanup

   • Caixin
   • Bloomberg

10. Ant rebrands as Ant Group

    Jul 13, 2020Labels: Ant Group

    • Ant Group

11. Regulators interview Ant leaders ahead of IPO

    Nov 2, 2020Labels: Regulator interviews

    • CNBC
    • TMTPost

12. Draft rules tighten online micro-lending requirements

    Nov 2, 2020Labels: Draft rules

    • SEC 20 F
    • SEC Exhibit

13. Ant’s Shanghai and Hong Kong IPO is suspended

    Nov 3, 2020Labels: IPO suspension

    • CNBC
    • Guardian

14. Regulatory reset becomes the new end-state

    Dec 1, 2020Labels: Regulatory reset

    • SEC 20 F
    • TechCrunch