Ezubo is one of the bigger peer-to-peer lenders, with an investor base of 840,000 involving 71 billion yuan of funds sourced online from across the country. Photo: Reuters

Funds frozen in China P2P cleanup

P2P lender Ezubo vows to cooperate with authorities in probes but says it needs to suspend online operation to ‘protect’ investors from panic withdrawals

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Ezubo is one of the bigger peer-to-peer lenders, with an investor base of 840,000 involving 71 billion yuan of funds sourced online from across the country. Photo: Reuters
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