Yunqianbagao won the 2017 China Fintech Innovation Brand Award

2017-06-26 09:56 0

On June 23, the "2017 Fintech and Financial Security Summit" co-sponsored by Zhongguancun Internet Finance Research Institute and China Internet Finance 30 Forum was held in Beijing. The summit, with the theme of "innovating Fintech and ramping security barriers", attracted dozens of financial institutions and media, including Ant Financial, Everbright Bank, YunQianbag.com and JD Finance. At the conference, Li Changping, Deputy governor of Haidian District, Beijing, delivered the opening speech. Liu Yong, executive director of Zhongguancun Internet Finance Research Institute, as the guest speaker, released the 2017 Research Report on China's Fintech Investment and Financing Development and the TOP108 List of China's Fintech Enterprises.

With its mature application and continuous innovation in the fintech sector, YunQianbagao won the "Fintech Innovation Brand of the Year Award in China". Chief Strategy Officer Niu Lichao attended the meeting as an invited guest and took the stage to accept the award.

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CSO Niu Lichao takes the stage to accept the award (7th from left)

As an innovative online lending platform, YunQianbag.com was officially launched in June 2014. Over the past three years, YunQianbagao has been committed to providing online lending information intermediary services for the vast number of loan users and lending users.

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Yunqianbagao won the Annual China Fintech Innovation Brand Award

In order to achieve the combination goal of relying on various financial scenes, assisted by user portraits, and using new Internet technologies as tools, the research and development team of Cloud Moneybag has created a set of core trading platform based on pure Internet technologies. At present, it has more than 800,000 users and nearly 7 billion transactions. The dynamic real-time bid provided by Cloud Money Bag uses the real-time matching algorithm, and completes the high concurrency online matching purchase process quickly on the technical architecture system of the whole micro-service. Its matching speed can reach 50 lenders per second to provide real-time matching services. Cloud Moneybag has also expanded from a common single application to a large distributed matchmaking trading system with 100 micro services. The self-built customer account system and the payment platform with dynamic routing enrich the channels for customers' capital flow, while minimizing the human intervention in the process of capital flow.

For YunQianbagao to win the annual China Fintech Innovation Brand Award, Li Fengyi said: "The future competition of Internet finance, the first is compliance competition, the second is the fintech application competition, the former determines the survival of the enterprise or not, the latter is the key to establish a foothold in the future. "The strategy of Cloud Money Bag is to play both hands, to turn fintech into actual combat power and help enterprises develop in the long run."

Source: Corporate press release
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