List of small loan companies listed on the US stock market

On September 28th, Jiangxi Yumin Bank was formally established. According to the data, Nanchang No.1 Sub-branch, the third largest shareholder of Yumin Bank, is a wholly-owned subsidiary of Lexin, a financial technology platform.

There was a rumor on the Internet that a leader asked, "What do you think is the most important core asset of a financial enterprise?" The following chorus answers: "Talent!" The leader said: "Do you want to have self-knowledge? It is obviously a financial license! "

It can be seen that in the process of shrinking the regulatory front, even if they are positioned as technology companies, various financial technology companies are trying to move closer to licensed operations.

This paper makes a preliminary statistics on 1 1 financial technology platforms listed in the United States in the era of eliminating gold, including Jiufu Mathematics, Lexin, Fun Shop, 360 Finance, Pleasant Loan, Auction Loan, Xiaoying Technology, Microfinance Network, Jiayinjinke, Pinti and Reliance, so as to get a glimpse of the license layout path of financial technology companies. Please refer to the following table:

(Legend: Among the financial licenses, the licenses for currency cancellation mainly include banking, consumer finance, online small loans, financing guarantees and financing leasing. The last five related license plates of the above 1 1 platform are not listed in the table, because there are few pages. )

Judging from the establishment threshold and market price, among the licenses obtained by the above-mentioned financial technology companies, the highest value is the banking license, followed by the consumer finance license.

Small loan licenses and financing guarantee licenses have almost become the standard of the platform.

Generally speaking, the significance of small loan license lies in lending with certificates, and the significance of financing guarantee license lies in providing support for lending business.

20 17, 17 In February, the regulatory authorities issued the Notice on Standardizing and Rectifying the Cash Loan Business, pointing out that banks may not accept credit enhancement from unsecured qualified companies. Since then, the financing guarantee license has become hot. According to the 5 1 credit card financial report listed in Hong Kong stock market, after obtaining the financing guarantee license, the platform began to resume cooperation with institutional financing partners.

Microfinance Network and Xiaoying Technology have non-financing guarantee companies respectively. Lease licenses are mostly used to carry out auto finance business, so Qu Qian Store's Dabai installment business is carried out through Xiamen Fun Store Financial Leasing Co., Ltd.

360 Finance, Jiufu Digital Branch, Pleasant Loan and other platforms with wealth management business have layouts in fund sales and insurance brokerage licenses.

Platform overview:

Jiushuke

As shown in the figure, Jiufu Digital Sub-branch has many financial licenses, but there is no public information showing that Jiufu Digital Sub-branch has a network small loan license.

According to the investigation, Jiufu Digital Branch indirectly holds 6% of the shares of Beijing Huaxian Microfinance Co., Ltd. and holds a microfinance license. The business scope of Huaxian microfinance is limited to Beijing, and it is not a network microfinance license.

According to the data, Cui Yilong, a small loan legal person in Hua Xian, is the founder of Hua Xian, a cash loan platform. On 20 17, Jiufu Digital Branch became a shareholder of Qianhuahua, so it indirectly held shares in Qianhuahua. Xinyou Xiang Yong (Tianjin) Financial Leasing Co., Ltd. is also a subsidiary of Xianhuahua, and Jiufu Digital Branch indirectly holds 15%.

According to the prospectus of Jiufu Digital Branch, we speculate that Jiufu's shareholding in Hubei Xiaojin may be 20%.

In addition to the form, Jiufu Digital Branch also has the license of Hong Kong Securities Company (Jiufu Securities Co., Ltd.).

Lexin

Lexin is the indirect third largest shareholder of Jiangxi Yumin Bank, holding 9.8%. Yumin Bank is positioned as a modern private commercial bank based on 5G network. Comparatively speaking, this bank license gives Lexin more room to play.

Le includes many commercial factoring companies. In addition to the list, there are Qianhai Yitong (Shenzhen) Commercial Factoring Co., Ltd. and Shenzhen Jusheng Commercial Factoring Co., Ltd.

Interesting point of view

Relying on two online small loan licenses, lending with its own funds has always been an important advantage of fun shops.

According to public information, from July 2065438 to July 2009, the balance of fun shop loans was about 25 billion yuan, of which about 8 billion was self-raised loans.

30 finance

30 Finance is hatched by the well-known Internet company 360 Group, so it has inherent advantages in obtaining licenses.

In addition to the list, 360 Group also has two gold exchange licenses, namely Zhongguancun Bad Assets Trading Center Co., Ltd. and Internet financial assets (Xixian New Area

Among them, Paipai Loan holds 32% shares of Huibang Small Loan through Hefei Paipai Loan Information Technology Co., Ltd., Chengdu Hanhua Financial Leasing Co., Ltd. is a wholly-owned subsidiary of Paipai Loan (Hong Kong) Co., Ltd., and Zhongyisheng Financing Guarantee Co., Ltd. is held by Zhang Jun, Li, Gu and Hu Honghui, senior managers of Paipai Loan.

Overview of non-list platforms:

Ying technology

At present, there is no public information showing that Xiaoying Technology has an online small loan license.

Win Win Technology has a financial leasing license through Win Win Financial Leasing (Tianjin) Co., Ltd., which is wholly owned by Hong Kong Win Win Win Co., Ltd. and Shenzhen Xiaoying Information Technology Co., Ltd.

Hong Kong Yingzhongtong Co., Ltd. holds 0/00% equity of Koala Hui (Tianjin) Commercial Factoring Co., Ltd. and has a commercial factoring license.

According to the data, a subsidiary of Xiaoying Technology, Yingzhongtong Non-financing Guarantee Co., Ltd., was established on 20 16 and 12 with a registered capital of 1 100 million yuan, and was approved on 20 17 and 12.

Microfinance network

Fuzhou Microfinance Network Microfinance Co., Ltd., which is wholly owned by Microfinance Network, has a network microfinance license.

Yao Hong, the founder of Microfinance Network, holds 90% of the shares of Zhejiang Ruituo Non-financing Guarantee Co., Ltd., and the other two shareholders of Zhejiang Ruituo also work in related companies of Microfinance Network. Judging from the relevant legal proceedings, Microfinance Network conducts business in automobile mortgage through this company.

Jiayin jinke

Yan Dinggui, the founder of Jiayin Jinke, is the major shareholder of PayPal in China. Anbaili Investment Co., Ltd., a joint venture company of PayPal in China, holds Chongqing Zhongwang Microfinance Co., Ltd., and Jiayin Jinke indirectly holds a microfinance license.

Women's Department of Indonesian Chinese General Association

Titanium Gold is controlled by Shanghai Haian Qu Ying Technology Co., Ltd., Ganzhou Building Block Microfinance Co., Ltd. and Shenzhen Qianhai Minheng Commercial Factoring Co., Ltd., and has the license of network microfinance and commercial factoring.

In addition, Anquying Technology also holds a 5% stake in Fudeng Microfinance (Chongqing) Co., Ltd. 。

Titanium Gold also holds fund sales and insurance through Beijing Hongdian Fund Sales Co., Ltd. and Wheat Flour Insurance Brokerage Co., Ltd.

Brokerage license.

Get rich by faith

Xinerfu holds a microfinance license through Haidong Xinerfu Microfinance Co., Ltd.

This article is from Mutual Gold Business Review.

Q&A: What is the reputation of Shanghai Jinshan Minxin Microfinance Co., Ltd.? The company is a fraud group. Don't be fooled by it. Q&A: If the microfinance company doesn't pay back the money, will it recover the debt? Brother Sheng can tell the subject responsibly that if the loan is not repaid, no matter which platform it is borrowed from, it will definitely be collected, but the intensity of the collection is different, and the intensity of this collection usually depends on the annual interest rate agreed by both parties at the time of borrowing.

First, let's look at the two red lines drawn by the Supreme People's Court for private lending: The Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases clearly stipulates: "If the interest rate agreed by both lenders and borrowers does not exceed the annual interest rate of 24%, the people's court shall support it if the lender requests the borrower to pay interest at the agreed interest rate. The interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement in excess is invalid. The people's court shall support the borrower's request to the lender to return the interest paid exceeding 36% per annum. "

If the annual interest rate does not exceed 24% (that is, "two points per month"), the borrower shall repay the principal and interest normally; If the annual interest rate exceeds 36% (that is, "three points per month"), the borrower shall not repay the interest exceeding 36%.

Next, Brother Sheng will introduce you to the collection methods of various platforms.

In fact, lending platforms with an annual interest rate of less than 36% are usually more formal, and their collection methods are usually not excessive, including overdue SMS reminders, telephone collection, overdue writing of personal credit records, mailing collection letters, and judicial procedures. These platforms usually rarely collect money at home. If borrowers don't mind being bombarded by text messages and phone calls, or even caring about personal credit reporting and being sued, these platforms usually have no choice, but Brother Sheng reminds everyone here that they can still pay back as much as possible. After all,

For lending platforms with an annual interest rate of more than 36%, their loans are so-called "usury", and the means of collection will naturally be more abundant. These lending platforms usually do not collect non-performing assets by themselves, but package them and sell them to professional collection companies. Therefore, in addition to the above-mentioned conventional collection methods, they will also increase the violent collection methods such as door-to-door collection, informing relatives and friends, and even threatening attacks. Although the country explicitly prohibits violent collection, some companies are still willing to try their own methods driven by interests.

To sum up, if you borrow a loan with an annual interest rate of less than 36%, you can still try to pay it back; If you borrow a loan with an annual interest rate of more than 36%, the interest over 36% can not be repaid; If you are unfortunate enough to encounter violent collection, don't hesitate to resort to the law directly.