In the past, many platforms were offline p2p companies, doing business models similar to CreditEase and Heart. After switching to online mode, the original offline is a cash pool, and online business is definitely a cash pool. Online business is a supplement to offline business. Such a platform must touch four red lines.
At present, fund custody is mainly based on professional third-party payment platforms, and remittance is commonly used in the world. It is said that banks are used to publicize that until March 2065438+2005, banks only supervised a part of deposits and so on, and there was no way to supervise funds all the time. Then, is the p2p platform that cooperates with third-party payment, such as Remittance World, absolutely safe in terms of funding channels? That was not the case. This kind of custodian bank has opened a company account, and the investor's funds still belong to the personal account designated by the platform. This kind of capital trend is easy to form a pool of funds. Full-process custody, as the name implies, all capital flows are completed within the third-party platform, and the funds are either in the investor's own account or in the account opened by the borrower in a third party. This kind of whole-process custody ensures the point-to-point funding, and does not go through the hands of a third party on a similar platform, so it is impossible to form a pool of funds. Then investors will ask how to distinguish full hosting from port hosting. It's simple. First of all, when investors register, after registering the account password on the platform, do they jump to the page of a professional third-party payment platform like Remittance World to continue to open a capital account? If not, then this platform does not conduct full custody of funds; Secondly, whether the principal and interest return to the account opened by the investor himself in a third party must return to the bank card bound by the investor. The withdrawal in the details of the bank card transaction is transferred from a third-party payment platform, not an individual or company. This is the whole process of fund custody. I want to say one more thing about fund custody and user experience. The simpler and more convenient the user experience, the greater the risk of p2p platform, because platform registration and fund account registration are two indispensable processes, which are contradictory to the user experience. But if you don't touch the platform with four red lines, you must sacrifice the user experience and manage the whole process. Investors will understand why, because the safety of funds is the first.
Finally, talk about the product type. First of all, due to the existence of baby products such as Yu 'ebao, most investors have a wrong idea that funds can be accessed, which is actually wrong. First of all, p2p platform has several characteristics. First, these platforms must have touched four red lines, especially the cash pool, because only when you get the money will you have the motivation to run. If the platform is only an intermediary and there is no pool of funds, then even if the borrowing enterprise does not make money, there is no need for the platform to operate, because the money is in the hands of borrowers. What do you want to do with a service platform? So first of all, after an investor borrows money from a peer-to-peer enterprise, the enterprise will have a time to use the money, such as three months to one year, but the time is certain, so there is a one-to-one creditor-debtor relationship between the investor and the borrower. During the establishment of bond-debt relationship, investors' money cannot be recovered at any time. If you can get it back at any time, it must be a pool of funds, and the bank is the largest pool of funds, so our deposits can be withdrawn at any time. Yu 'ebao is a monetary fund, which has not been fully invested in specific corporate loan projects in a short time, so it can also be saved and taken away. However, the p2p Internet financial platform can't go with the deposit logically and theoretically. In order to revitalize investors' funds, investors can only initiate creditor's rights transfer on the platform in the form of creditor's rights transfer. After other investors buy your creditor's rights, the funds will be recovered. So to sum up, the products of many platforms are vague, similar to the regular wealth management products of Zhou and Yue Hong. This kind of product is very dangerous and represents the products of the cash pool. On the contrary, the more specific and clear a single project is, the more information is disclosed by the borrowing enterprise, and the more real such a loan project is, because the network is a place with transparent information. If the disclosed enterprise information is untrue, it will be easily discovered by netizens. This is also one of the essence of Internet finance, that is, all netizens can supervise the authenticity of loan information. Therefore, investors are advised to study the product types of various websites and find out whether it is true or not!
To sum up, three platforms, building blocks, Anyitou and Yin Ke. Com are all platforms that I think have hardly touched the four red lines. The same characteristics of these three platforms are: they are all fully managed with remittance world; Enterprises are the main borrowers, and their information disclosure is relatively complete; They all cooperate with financing guarantee companies to guarantee the borrowing enterprises; None of them promised to access, but they all introduced the function of creditor's rights transfer. But in the end, I want to tell investors that not touching the four red lines does not mean that your investment in these website platforms is 100% safe. Without touching the four red lines, it just means that there is no running risk on the platform and there will be no systemic risk, but individual projects on the platform may still be at risk. To be completely risk-free, it depends on the risk control ability of the platform and the risk control and compensation ability of the guarantee institution.
I hope investors should never invest in p2p platforms with cash pools. These platforms use Ponzi schemes and cash pools. Mismatch is adopted in the project, investors' money is invested in long-term projects such as real estate and mining, or usury is directly used for profiteering. It is only a matter of time before the capital chain of such platforms breaks and runs away.