Which online lending platform is Paipai Finance?

Paipai Loan was established in June 2007. The full name of the company is "Shanghai Paipai Loan Financial Information Service Co., Ltd." and its headquarters is located in Shanghai. It is a point-to-point lending platform with pure credit and no mortgage in China, and also an Internet finance (ITFIN) platform with the qualification of "financial information service". Compared with other online credit lending platforms in China, peer-to-peer lending is characterized in that the platform itself does not participate in lending, but realizes functions such as information matching, tool support and service, and the borrower's lending rate is set by itself under the maximum interest rate limit. This is also the most primitive operation mode of online lending platform. Its operation mode belongs to the typical online P2P lending mode. The borrower issues loan information, and multiple lenders decide whether to lend according to the certification materials and credit status provided by the borrower. The website only serves as a trading platform.