According to the data of Mavericks online platform, the platform has been in operation for more than 6 years, with the cumulative turnover exceeding 1000 billion and the registered number exceeding 6 million. At present, there are about 654.38+0 billion loans. Since May last year, due to the government's retreat from the P2P industry, the platform stopped related business and started the redemption work. Moreover, in the company's announcement at that time, the company also stressed that the company's executives will definitely not run away, nor will they lose contact, and they will definitely advance and retreat with all lenders. Although the platform shows a good attitude, its redemption ratio is not satisfactory. Up to now, ten redemptions have been completed, but the accumulated redemption amount is only 238 million yuan, accounting for only 2% of the total amount, which is obviously not in the interest of investors.
At the end of last year, officials of the China Banking Regulatory Commission said that the risks in the field of Internet finance have been well contained, the number of related P2P lending platforms in China has been reduced to three, and the number of related borrowers has been declining. In the future, all domestic P2P institutions will be cleaned up. At present, the supervision of the Internet finance industry is getting stronger and stronger, and it is very difficult for relevant enterprises to obtain relevant licenses.
From the history of domestic P2P industry, Internet finance expanded rapidly from 20 12 to 20 15. From 20 16, domestic P2P industry has begun to rectify and retreat, because these P2P enterprises are huge in scale, but the bad debt rate is high. At the peak, the annual transaction volume reached 3 trillion RMB, which caused great financial risks to the society.