Which loan app is Hangzhou Niu Yi?

Niu Yi is a loan app with 5 1 personal loan. 5 1 personal loan is a loan platform from which users can borrow money when they need funds. Its affiliated company is Hangzhou Niu Yi Network Technology Co., Ltd., which was incorporated in Hangzhou on May 20 15 with a registered capital of 50 million yuan and its office is located in Xihu District, Hangzhou, Zhejiang Province. The simple understanding of loan is to borrow money with interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Banks can put concentrated money and monetary funds out in the form of loans, which can meet the needs of expanding social reproduction and promoting economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.