Is pterosaur loan protected by law?

Beijing Tongcheng Yilong Network Technology Co., Ltd. (hereinafter referred to as Yilong Loan) is a strategic investment enterprise of Legend Holdings. Pterosaur Loan Network was established in 2007 and is headquartered in Beijing. After seven years of research and experience, as well as a comprehensive analysis of the market, pterosaur loan has been successfully transformed. It is an Internet finance enterprise that pioneered the concept of "O2O in the same city" in China, and solved the problem of bad debts to a greater extent.

At present, Yilong Loan has set up operation centers in more than 0/00 prefecture-level cities nationwide, covering thousands of districts and counties and nearly 10,000 townships, and will establish a nationwide service network in many first-and second-tier cities across the country. Through this platform, people with good credit and different needs can be helped to solve the problem of capital shortage, and customers with financial needs can invest their surplus funds with higher returns.

Basic information

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Chinese name

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Yilong loan

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Foreign name

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Elon

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Headquarters location

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Beijing (Beijing Head Office)

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Founding time

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In 2007

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scope of business

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Private lending matchmaking business, economic information consultation

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founder

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Sicong Wang

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honour

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Top Ten Leading Brands of Internet Finance in China

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Company slogan

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Inclusive finance helps the Chinese dream

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Directory 1 introduction of pterosaur loan

2 Introduction of pterosaur loan executives

3 pterosaur loan operation mode 4 milestone events

5 development history

6 pterosaur loan risk control model 7 historical honor

Fold and edit this pterosaur loan introduction

As a strategic investment enterprise of Legend Holdings, Beijing Tongcheng Yilong Network Technology Co., Ltd. (hereinafter referred to as Yilong Loan) is the first peer-to-peer lending platform with "O2O in the same city" mode in China. Yilong Loan is committed to becoming an excellent Internet finance enterprise, adding assistance to agriculture, rural areas and inclusive finance. [ 1]

Founded in 2007, pterosaur loan is the first group of explorers in P2P industry in China, and its headquarters is in Beijing. At present, operation centers have been set up in more than 0/00 prefecture-level cities nationwide, covering thousands of districts and counties and nearly 10,000 townships. It is planned to initially cover the whole country on 20 15. Yilong Loan aims to provide P2P lending services for farmers, rural areas and small and micro enterprises. The platform itself is not a borrower, but an information service provider, matchmaker and risk controller. It provides the public with low threshold, easy access, low cost, high efficiency, safety and reliability, and meets the capital needs of lending users. [2]

Yilong Loan is a member of China Internet Finance Association, a member of Internet Finance Professional Committee of China Payment and Clearing Association, and the founder of Internet Finance Thousand Talents Program Association. Since its establishment seven years ago, pterosaur loan has successfully helped hundreds of thousands of rural families, individual industrial and commercial households and small and micro business owners to obtain financial support through the "same city O2O" model, and also helped wealth management users realize their dreams of wealth appreciation and financial freedom.

Compared with other financial institutions, pterosaur loan has its own characteristics and advantages, such as low cost of information collection and processing, convenient procedures, flexible methods, low transaction costs, flexible loan collection methods and special risk control mechanism. To a certain extent, it has solved some social financing needs, especially eased the financial difficulties of some small and medium-sized enterprises and the "three rural" people, enhanced the self-adjustment and adaptability of economic operation, and promoted the healthy development of the credit market, which is a supplementary channel to meet the financing needs of various market entities. [2]

Folding and editing this pterosaur loan high-level introduction

Sicong Wang

Founder and Chairman of Wenzhou Golden Reform Benchmarking Enterprise Yilong Loan

Wang Sicong 1997 tried Internet business, engaged in private loan matching service in 2002, and founded "China Online Loan Network" in 2007. In 2009, the website model was adjusted to a complete online loan matching transaction, that is, P2P peer-to-peer lending model, which was officially renamed as "pterosaur loan". On 20 1 1, pterosaur loan became a pilot enterprise of Wenzhou financial reform, and entered Wenzhou private lending registration service center on 20 12. In 20 13, Wang Sicong and experts and entrepreneurs in the field of Internet finance jointly founded the Internet Finance Thousand Talents Association. On 20 14, Wang Sicong was elected as a cutting-edge figure in internet finance, and pterosaur loan was awarded as a cutting-edge enterprise in internet finance. In June of the same year 165438+ 10, pterosaur loan got strategic investment from Legend Holdings, and got many help from capital, brand, management and key talents, and entered the fast lane of development. From June to February, 5438, Yilong Loan became the executive vice president of Beijing Online Loan Industry Association, with Wang Sicong as the executive vice president. [3]

Wang Sicong led pterosaur loan to successfully innovate the foreign P2P online lending model, and initiated the "same city O2O" lending model in China, which perfectly combined "online information matching" with "offline risk prevention and control" and effectively improved the quality of risk control.

It not only provides an efficient, transparent and safe platform for Internet users to borrow and manage money, but also enables the vast number of off-grid people across the country, especially the "three rural" families, to enjoy the inclusive finance brought by the Internet, bringing Internet financial services to counties, towns and villages across the country, covering the weak links of the traditional financial service system.

Wang Sicong has more than ten years of exploration experience in the fields of Internet, private lending and e-commerce, and has the deepest understanding of county economy among the mainstream P2P management teams in China. After seven years' efforts, Wang Sicong has successfully built pterosaur loan into a mature, united and dreamy learning team. At present, pterosaur loan has set up operation centers in nearly 200 cities across the country, covering more than 65,438+0,000 districts and counties, providing standardized and timely loan services for hundreds of thousands of rural families across the country. [3]

Maoxiangqian

President of pterosaur loan

Mao graduated from department of mechanical engineering of Tianjin University with a master's degree and an EMBA from China Europe International Business School. He used to be the senior director of the strategic investment department of Legend Holdings, and served as the president of Yilong Loan after Legend Holdings strategically invested in Yilong Loan.

Mr. Mao used to be the general manager of Lenovo Wuhan Branch and the deputy general manager of the Information Products Division, the president of Digital China Technology Development Company, the CEO of Jiajie Technology (China) Co., Ltd. and the senior director of the strategic investment department of Legend Holdings. He has many years of successful operation and management experience in the IT industry, helping Digital China and Jiajie Technology to survive the difficult start-up period and enter the fast lane of development. Mr. Mao has in-depth research on the pterosaur loan model and rich experience in joining the operation. In the future, it will bring a better management concept and enrich the business layout for pterosaur loan. [4]

Fold and edit the operation mode of this pterosaur loan.

Founded in 2007, Yilong Loan is one of the earliest Internet financial platforms engaged in P2P peer-to-peer lending business in China. It pioneered the "O2O City" lending model in China, successfully innovated P2P online lending, and brought Internet financial services to all parts of the country, covering the weak links of the traditional financial service system, especially contributing to rural financial services and the economic development of agriculture, rural areas and farmers. [5]

Under the "same city O2O" model, Yilong Loan has set up operation centers in more than 0/00 prefecture-level cities nationwide, covering thousands of districts and counties and nearly 10,000 townships, and plans to achieve full coverage in 20 15 years.

To sum up, the "same city O2O" loan means that the borrower can only apply for a loan in a city with a pterosaur loan operation center, and has lived in the city for a long time and has fixed assets; The local operation center will conduct due diligence on the borrower before lending, conduct home visits, comprehensively evaluate the borrower's borrowing purpose, credit status, economic status and repayment ability on a household basis, and complete post-lending management as needed; Transactions between borrowers and lenders are conducted entirely online. [6]

Yilong Loan has its own unique and perfect risk control system, risk control and business process standards. And report to Wenzhou financial reform, which is operated by professional teams of major financial universities in China. Regarding website security, pterosaur loan has its own independent and powerful background technical department, and the technical department of the company comes from the main technicians of Huawei and IT experts of major universities.

Collapse and edit this milestone.

1, Wenzhou Gold Reform Benchmark

In 20 12, Yilong Loan officially entered Wenzhou Private Lending Registration Service Center, becoming the first formal financial service enterprise in China financial reform pilot, and the first P2P network credit enterprise to add "private lending matching business service" to its business license.

Fold 2. In-depth coverage of CCTV news broadcast

On May, 2065438 1 1, pterosaur loan received a 3-minute positive report with the theme of "Microfinance: New Network Ecology, New Financing Model" on CCTV news broadcast. This is the only P2P credit institution, which shows that Yi Long Loan's financial activities of serving agriculture, countryside and farmers with a P2P platform have been recognized by the government. Since then, pterosaur loan has been reported by CCTV for nine consecutive times, and pterosaur loan has become a benchmark enterprise for industry development.

Fold 3. Legend Holdings strategically invested in pterosaur loan.

2014165438+13 October, pterosaur loan received strategic investment from Legend Holdings, and was helped by capital, brand, management, key talents and other aspects, and entered the fast lane of development. The choice of Legend Holdings for pterosaur loan is not only related to capital, but also related to the experience and resources accumulated by Legend Holdings for many years. At the same time, the investment strategy and style of Legend Holdings also meet the development needs of pterosaur loan. Legend Holdings, as a strategic investor, does not pursue short-term gains and exit profits, which is consistent with the goal of "becoming bigger and stronger" for the invested enterprises. Its strong strength, rich experience and honest and realistic culture will surely bring a qualitative leap in enterprise management, brand building, talent development and training, IT technology upgrading, user experience and many other aspects.

Fold and edit the development history of this paragraph.

20 12, the first batch entered Wenzhou Private Lending Registration Service Center, became a demonstration unit of Wenzhou financial reform, and collected data for Wenzhou Private Lending Index Report;

20 12 Xia Baolong, the former governor of Zhejiang province, the Standing Committee of Zhejiang Provincial Party Committee and the leaders of Wenzhou Municipal Committee visited the Wenzhou headquarters of Yilong Loan and affirmed the business model and achievements of Yilong Loan;

20 13, as a benchmark enterprise of P2P peer-to-peer lending platform, was comprehensively reported by CCTV news broadcast, and pterosaur loan received the inspection and guidance of Director Huo and his party of Beijing Financial Work Bureau;

20 13 became a member of the "Internet Finance Professional Committee" of the Central Bank Payment and Clearing Association, which was affirmed and supported by the government and the media;

20 13, as the initiator, organized the establishment of the internet finance thousand people's meeting;

20 13, CEO Wang Sicong was selected by Tencent as the Internet Finance Person of the Year in China.

20 13, won the honor of the top ten leading brands in internet finance;

In 20 14, it won the honor of the most valuable enterprise in internet finance in 20 13;

20 14, pterosaur loan became an advisory unit of Wenzhou internet finance self-discipline Committee;

20 14 pterosaur loan won the 20 14 "Golden Spider" Excellent Enterprise Award for Corporate Social Responsibility of Internet Finance;

In 20 14, Wang Sicong, the chairman of pterosaur loan, was named one of the top ten figures of the year.

In 20 14, pterosaur loan won the "IF Golden Thumb" Top Ten Internet Finance Leading Enterprises/Risk Control Platform Award;

On 20 14, pterosaur loan became the executive vice president unit of Beijing online loan industry association.

Fold and edit this pterosaur loan risk control mode.

Working principle of folding platform

1) Adhere to the principles of legal compliance and strict self-discipline, only do online information matching, do not do offline business, and do not build a cash pool;

2) Adhere to the principle of lending and small loans in the same city;

3) Adhere to the principle that platform services never handle users' funds;

4) Adhere to the principle of truthfulness, transparency and openness of information, and release data such as platform transaction volume, loan loss rate and overdue rate in real time. [7]

Folding multiple risk control measures

Home visit before loan

Before the loan transaction, the pterosaur loan operation center will conduct pre-loan due diligence on local borrowers and conduct multi-dimensional home visits on a family basis.

The main contents of home visit _ investigation include: collecting various forms of data information such as pictures and words; On-site verification of the borrower's marriage certificate, real estate license, individual business license and other related documents; Understand the purpose of the loan in detail, and fully understand the credit status of its bank account, family economic status and repayment ability. Finally, the data of the home visit survey are compiled into files.

Multi-stage audit

First of all, pterosaur loan implements real-name lending. After the successful registration of the platform, the borrower needs to conduct online authentication, mobile phone authentication, video authentication and other authentication audits before lending.

Secondly, the operation center comprehensively evaluates and reviews borrowers through various information obtained through home visits before lending, including two steps: preliminary examination and review, and selects high-quality borrower resources.

Finally, the audit results of the operation center will be submitted to the pterosaur loan headquarters, which will be re-examined by the risk control audit specialist at the headquarters to evaluate the credit rating and loan amount. The loan tender can only be released to the pterosaur loan platform after it has passed the final review. Multi-level audit, strict control, to ensure that online information is true, reliable, safe and transparent.

Post-loan management

After the loan transaction is generated, three days before the borrower's repayment period expires, the pterosaur loan risk control specialist will contact the borrower by SMS, telephone, etc. to remind him to repay on time.

In loans overdue, the staff of the local operation center will be responsible for the door-to-door collection.

In addition, the lender can also communicate with the borrower through the contact information published on the platform to reduce the borrower's default risk. [7]

Folding user funds security

1) pterosaur loan cooperates with a third-party payment platform (currently Guofubao), and user funds are managed by the third-party platform. The website itself does not handle users' funds and does not make a pool of funds to ensure legal and compliant operation.

2) pterosaur loan has established a risk provision system, that is, 5% of the loan income is paid to the government for supervision, which is used as a risk provision to cover risks.

3) In order to protect the interests of lenders, pterosaur loan also has the special function of purchasing overdue creditor's rights. When the loan target invested by the lender is overdue for more than 30 days, the pterosaur loan system will automatically issue a notice of creditor's rights transfer; If the lender does not cancel the transfer of creditor's rights within 10 days, the pterosaur loan system will automatically complete the acquisition of creditor's rights to protect the interests of users from losses.

4) In order to prevent the borrower from losing repayment ability due to accidental death or other major accidents, Yilong Loan Headquarters cooperated with China People's Insurance Company on February 201April to insure term life insurance for microfinance borrowers, and the specific business was handled by Yilong Loan Headquarters. Yilong Loan Company is the first beneficiary, and the borrower or his immediate family is the second beneficiary. Establish a layer of accident protection for pterosaur loans, regional operation centers, and even borrowers and investors.

Folding and editing this historical honor

Member unit of folding internet finance professional Committee

20 13 12. The China Payment and Clearing Association led the establishment of the Internet Finance Professional Committee, which is the highest-level industry self-regulatory body in the field of Internet finance in China. Yilong Loan is one of only nine P2P enterprises in the professional committee. The pterosaur loan model is also used as a blueprint to provide regulators with relevant regulatory standards for P2P industry. [8]

Organizer of China Internet Finance Association.

4.2065438+On April 3, 2004, China Internet Finance Association led by China People's Bank was formally approved by the State Council. The Association, led by the Law Department of the Central Bank, aims at self-discipline management of the Internet finance industry. Pterosaur loan is one of the founders of the association. The Internet Finance Committee previously established is a special committee under the China Payment and Clearing Association (first-class association), while the China Internet Finance Association established this time is a first-class association with a higher level. [9]

Founder of Folding Internet Finance Thousand People Association

Wang Sicong, Chairman of Yilong Loan, initiated the establishment of the Internet Finance Thousand Talents Association. At present, the Thousand People's Association has become the most important organization to promote the development of the Internet finance industry in China, and has been encouraged and supported by the leaders of the three associations. [ 10]

reference data

_ 1. Legend Holdings invests about 1 billion in pterosaur loans. What is P2P? The village head is also its franchisee. Tiger sniffs _. [20 15-2- 13]

_ 2. First Financial Business Column Report: pterosaur loan network Wenzhou Jin changed P2P platform. Youku _. [20 15-2- 13]

_ 3. 20 13_ of a P2P CEO. Sina technology. [20 15-2- 13]

_ 4. Legend Holdings is the CEO of P2P pterosaur loan. Sina.com _。 [20 15-2- 13]

_ 5. pterosaur loan network Wang Si Cong: Making big data for off-grid people. CCID _。 [20 15-2- 13]

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