China Rapid Finance to Announce Second Quarter 2018 Financial Results on August 15, 2018

SHANGHAI,Aug. 9,2018 -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (NYSE: XRF),operator of one of China's largest consumer lending marketplaces,today announced that it plans to release its second quarter 2018 financial results onWednesday,August 15,2018before market opens. The Company will also hold a conference call onWednesday,2018at8:00 am Eastern Timeor8:00pm Beijing Time to discuss the financial results for the second quarter 2018. Listeners may access the call by dialing the following numbers:

International:

+1 (412) 902-4272

United States Toll Free:

+1 (888) 346-8982

China Toll Free:

+86 4001-201203

Hong Kong Local Toll:

+852 301-84992

Conference ID:

China Rapid Finance call

China Toll Free Passcode:

4001-206115

The replay will be accessible throughAugust 22,2018by dialing the following numbers:

United States:

+1 (877) 344-7529

International:

+1 (412) 317-0088

Replay Access Code:

10122643

A live and archived webcast of the conference call will also be available at the China Rapid Finance's investor relations website athttp://chinarapidfinance.investorroom.com/

About China Rapid Finance

China Rapid Finance operates a leading online consumer finance marketplace inChina,facilitating millions of loans annually. The Company deploys machine learning and proprietary decision technology to facilitate affordable digital credit for one of the world's largest untapped consumer credit markets:China's500 million emerging mobile-active consumers. China Rapid Finance operates a pure play marketplace,and does not take credit risk. The Company utilizes its proprietary,mobile-first technology to efficiently select creditworthy consumers for its platform. China Rapid Finance facilitates smaller,shorter-term initial loans to these qualified consumers and then enables larger,longer-term loans for repeat borrowers who demonstrate positive credit behavior. This differentiated strategy positions the platform to attract and retain high quality consumers who generate significant customer lifetime value. China Rapid Finance was founded by Dr.Zane Wang,who has decades of consumer credit experience in the U.S. andChina,and is governed by a global board of directors.For more information,please visithttp://ChinaRapidFinance.InvestorRoom.com.

Investor Relations Contacts:

InChina:

China Rapid Finance

Sean Zhang

Email:IR@crfchina.com

Or

The Blueshirt Group

Gary T. Dvorchak,CFA

Tel: +86 (138) 1079-1480

Email:gary@blueshirtgroup.com

In US:

The Blueshirt Group

Ralph Fong

Tel: +1 (415) 489-2195

Email:ralph@blueshirtgroup.com

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