Ptp is the product of Internet finance (ITFIN), an online credit platform with the help of Internet and mobile Internet technology, and related financial management behaviors and services.
Ptp(peer to peer lending) refers to Peer-to-Peer peer-to-peer lending, which is a private micro-lending model, gathering small amounts of funds and lending them to people in need. With the help of Internet and mobile Internet technology, the online credit platform and related financial behaviors and services belong to one of ITFIN's products.
Business model:
Peer-to-peer microfinance is a business model, which collects a very small amount of money and lends it to people who need it. Its social value is mainly reflected in three aspects: taking the online credit company as the intermediary platform, meeting the needs of personal funds, developing the personal credit system and improving the utilization rate of social idle funds.
The borrower publishes the loan target on the platform, the investor bids to lend to the borrower, and both borrowers and borrowers bid freely, and the platform closes the transaction. In the process of lending, information, funds, contracts and procedures are all realized through the network. It is a new financial model developed with the development of internet and the rise of private lending, and it is also the development trend of financial services in the future.