Realize the separate account management and risk isolation between the platform's own funds and users' funds, and the flow of funds is all monitored by Bank of Beijing. User funds only exist in the depository account of Bank of Beijing, and the platform cannot be touched to ensure safety.
Financing situation of extended data: 2065438+February 0, 2005, 165438, Phoenix Finance obtained $80 million in Series A financing, which was led by CITIC. According to industry insiders, this financing is the leading and most valuable A-round financing in the industry.
Security: Phoenix Financial has no bank depository, but only has the linkage advantage as a third-party custodian to isolate user funds from the platform to ensure security. Up to now, the historical redemption rate of tens of billions of investment in the platform is 100%, which shows that Phoenix Finance is relatively reliable.
Product income: The historical annualized rate of return of Phoenix Financial Platform is around 8%- 13%, which is considered as a medium expected annualized rate of return and relatively safe.
Baidu Encyclopedia-Phoenix Finance