Paipai Loan (NYSE:PPDF) is a financial technology company? , established in Shanghai in 2007, was successfully listed on the New York Stock Exchange on 201710. As of 2065438+June 30, 2009, the cumulative registered users of auction loans reached 99.02 million. The cumulative number of borrowers is 6,543,800+0,340; Investment users totaled 644,400, achieving sustained growth; The refinancing rate increased by 2.4% to 69.8% compared with the same period of last year.
Development of auction loan;
On July 18 and 19, Paipai Loan issued the "Pre-announcement of paid-in registered capital of website operators" in official website, saying that there has been a serious business crisis in online lending platforms in various places recently. In order to boost users' confidence, the shareholders and management team of Paipai Loan decided to increase the registered capital of Paipai Loan Financial Information Service Co., Ltd., the operator of Paipai Loan website, to RMB 10 billion.
On 20 19110/0/019, Paipai Loan released the third quarter financial report, announcing the brand upgrade to Xinyi Technology.
2019165438+1net profit of PPDF on October 20th. The third quarter of the United States was 597 million yuan. It decreased by 7.9% year-on-year.