Yes. Paipaidai builds a safe, efficient, and honest peer-to-peer lending platform for individuals with capital needs and loan needs. It uses information technology to upgrade private lending to the Internet, and uses advanced risk control concepts to enable its innovative development.

Users can obtain credit ratings, publish loan needs, and quickly increase their funding on Paipaidai. You can also lend your spare funds to individuals with good credit and people in need of funds through Paipaidai, and help others while getting good returns on funds.

Paipaidai is a financial technology company established in Shanghai in 2007 and successfully listed on the New York Stock Exchange on November 10, 2017. As of September 30, 2018, Paipaidai had a total of 13.4 million borrowing users; the cumulative number of registered users reached 83 million; the refinancing rate increased by 2.4% from the same period last year to 69.8%; the total number of loan users was 644,400, achieving continued growth.

As the first governing unit of the China Internet Finance Association, in compliance with the nature of finance and based on data, Paipaidai attaches great importance to compliance and uses innovative technology to provide users with financial services. Today, Paipaidai has been operating stably for 13 years and has established a safe, efficient and transparent Internet financial platform, using advanced concepts and innovative technologies to standardize personal loan behavior.

Enable borrowers to improve production and life, and allow lenders to increase loan channels. Paipaidai believes that with the development of the Internet and the improvement of China's personal credit system, advanced concepts and innovative technologies will bring historic changes to private lending, and Paipaidai will be the leader of this change.

The business advantages of Paipaidai:

1. It is generally a small unsecured loan, and the borrowers covered are generally low- and middle-income groups, which cannot be covered by the existing banking system. An effective supplement to the banking system;

2. With the help of the power of the network and community, emphasizing everyone’s participation, it can effectively reduce examination costs and risks and make small loans possible;

3 , The platform itself is generally not involved in lending, but does more functions such as information matching, tool support, and services;

4. Because it relies on the Internet, it is very transparent, unlike existing private loans;

5. Another major difference from existing private lending is that the borrower sets the expected annualized interest rate by himself, and the website sets a statutory maximum expected annualized interest rate cap, effectively avoiding the occurrence of usury;

6. Because it is aimed at low- and middle-income people and entrepreneurs, it has considerable public welfare and has great social benefits.