"Look at the mountains red, trees dyed, Manjiang Bi through, hundreds of backwardness." That's the perfect word to describe the current state of the online lending industry. At present, the in-depth rectification of the network loan industry has entered the last stage, and thousands of platforms in the industry compete with each other. Compared with traffic, popularity and compliance process, the competition in the whole industry has entered the white hot stage again. During this period, the independent P2P Internet finance platform of Dongfang Yingu Group, YunQianbagao, has been playing steady and steady in the fierce competition in the industry, and its transaction volume has exceeded 6.7 billion in the three years since its launch. So, how did cloud money Bag create such a performance in three years?
The real data of the object is transparent
Since its establishment online, cloud money Bag has developed a set of effective operating standards, one of the most important is integrity. "Whether it's a mortgage loan or a credit loan, borrowers are using their credit to get recognized by the platform. As a platform, you also need to use credit to gain the trust of lenders, and the best way to gain trust is to be transparent."
Cloud money bag label details page
All the objects on the cloud money bag are real loan information applied by real borrowers. In addition to the relevant borrower information, the contract agreement, the amount of the subject, the current progress, the deadline, the number of participants and so on are detailed.
Cloud money bag and other three level record certificate
In addition, cloud pocket also has strict rules for the privacy protection of both lenders and borrowers. Cloud money Bag has a strict user information operation system, the process to protect the user's privacy. Meanwhile, according to Article 9 of the Interim Measures for the Management of Business Activities of Online Lending Information Intermediary Structure, the professional technical team of YunQianbao monitors risks in real time to prevent unauthorized access, use or leakage of user information.
Fintech leads the future
Industry competition is so fierce era, how can cloud money bag stand out? Fintech may have the answer.
In the online lending industry, small dispersion between the asset side and the lending side has become the industry standard. Cloud money Bag strictly abides by relevant industry regulations, and strictly limits the amount of borrowing by borrowers, which ensures legal compliance and reduces risks. At the same time, the amount of the lender is also divided into several groups, according to the region, quota, age, gender and other important indicators, and ultimately invested in each subject of the same maturity. Dispersed selection of targets is to "put eggs in different baskets", effectively reducing the risk of lenders.
The advantage of cloud money bag in loan audit is highlighted by cross verification and credit factory model. In the past, the first step of credit review must be field investigation, interview with the borrower, and make a judgment through face-to-face examination of anomalies. However, such a method has no small disadvantages, such as high labor cost, low work efficiency and very slow lending speed, so P2P has no advantages over banks. However, YunQianqian timely adopts advanced fintech technology to improve the audit speed through cross-verification and credit factory mode. At the same time, big data risk control is used to capture borrower information and timely discover abnormal behaviors of borrowers.
Mr. Li Fengyi, CEO of Cloud Moneybag, said: "In the later stage, Cloud Moneybag will also increase the investment in fintech, using artificial intelligence, machine learning and other advanced fintech means, constantly optimize products and risk control, so that P2P and technology perfect integration."
Steady progress, aiming at 10 billion
Yunqianbagao was founded in 2014, which happened to be the first year of Internet finance. Traditional Internet giants are racing to seize the market. Currently, Yu 'e Bao has more than 300 million users and its scale has reached 1.2 trillion yuan. Rising star financial Tong also not to be outdone, launched the "salary financial plan" to create a salary financial weapon. At the same time, the "wild growth" of Internet crowdfunding and Internet funds has contributed to the spring of Internet finance.
Taking advantage of the opportunity of Internet finance, YunQianbagu launched the PC version and APP version of Yunqianbagu successively. In just one year, the number of members registered exceeded 280,000, realizing the steady and rapid growth of the user scale. At present, the registered number of members of Cloud Money Bag has reached 840,000, and the transaction volume has exceeded 6.7 billion, achieving the "small goal" of earning 177 million yuan for users in total.
Since its establishment, Cloud Moneybag has always adhered to the concept of steady development, "haste makes waste" if blindly seek fast, enterprise credit and service quality will inevitably be reduced, and users will quickly lose, and these are completely contrary to the concept that Cloud Moneybag has been adhering to. Also, it is because of this idea, cloud money bag of ten billion trading volume dream is more solid.
