When will Mutual Treasure be shut down in 2022?

Mutual treasure is a sharing and mutual assistance platform launched by Alipay on 20 18. For some people who suffer from serious diseases but can't afford medical expenses, they can get a small amount of sharing and mutual assistance from others through mutual treasure. However, with the increase of mutual treasure share, more and more people quit, and the supervision of Alipay's financial business by relevant departments has also been strengthened. This time, Mutual Treasure officially announced the suspension announcement and will stop operating on June 28, 2022.

When will Mutual Treasure stop running in 2022 According to the announcement issued by Mutual Treasure, it will officially stop running at 24: 00 on June 28, 2022. With the increase in the number of participants, the number of people out of danger on the mutual treasure platform remains high, with 4000 people out of danger at each stage. Although the management fee collected is about 654.38 billion yuan per month, the cost of investigation and management will also increase accordingly. The increase in sharing will aggravate people's concerns about the future reliability of Mutual Treasure, which will further lead to an increase in the number of exits. Early termination is also a strategy. The rise and fall of the mutual treasure platform depends on the number of participants, average amount, policy environment and user expectations. Even if the policy allows, according to the current number of exits per issue, it will be closed in two years, which is only a matter of time.

Is there any compensation for the bankruptcy of Mutual Treasure? Although Mutual Treasure did not refund the previously allocated funds like some mutual aid platforms, its aftermath was also arranged in a decent way. The platform will be responsible for the payment of the first three phases (65438+February 28th, 65438+1October 14, 65438+1October 28th), and members do not need to pay; Members diagnosed before shutdown can still apply for mutual aid funds within 180 days (including 180 days) from the date of first diagnosis in the hospital, and the expenses will also be borne by the platform; Platform members can switch to one-year health benefits and serious illness 1 (serious illness version) without health notice and waiting period. After Mutual Treasure stopped operating, it is estimated that the users who suffered the most were those who had been insured for many years but never got sick. Now mutual treasure has stopped. If you don't get sick before June 28, 2022, there will be no opportunity for reimbursement in the future.

Why did Mutual Treasure shut down 1. Regulatory reasons. In the process of rectification of Ant Group, one of the reforms is to bring Ant Group into supervision as a whole financial group. As a mutual treasure business under the Ant Group, it faces a dilemma. First, terminate the divestiture of mutual treasure business and sell it separately; The second is to supervise the mutual treasure business. The second one is obviously not feasible. Mutual treasure is not insurance, but a platform for mutual assistance, and the current insurance law is not applicable. It is impossible for regulators to issue separate regulations on mutual treasures. The only way is to divest and sell.

2. Share common wealth twice a month. Due to the increasing number, more and more people are launching. The number of people who withdraw money every month is between 6,543,800 and 2 million. Although there are still 75 million users, they can be purchased at a good price.

3. Driven by the general environment, a number of network mutual assistance projects have been closed in recent years, and platforms such as mutual assistance of the US Mission, mutual assistance of water droplets and mutual assistance of ease have been closed one after another. This shows that the network mutual assistance environment is getting worse and worse, and it also shows that the industry norms are becoming more and more obvious.