The reason why online microfinance companies are the main direction for the transformation of P2P online lending platforms: According to Article 17 of Chapter III of the Measures for the Supervision of Online Lending, "the amount of peer-to-peer lending should be mainly small", it can be seen that many platforms have already faced the road of non-compliance. The online loan supervision method clearly points out that the upper limit of the loan balance of the same borrower on the same platform cannot exceed 200,000, and the upper limit of the total loan balance on different platforms cannot exceed 654.38+00,000; The maximum loan balance of the same legal person or other organization on the same platform cannot exceed 6.5438+0 million, and the maximum total loan balance on different platforms cannot exceed 5 million.

Judging from this regulation alone, many domestic platforms focusing on corporate loans, mortgages and other large-scale businesses have become non-compliant platforms, and there is only one way before them: transformation! The Interim Measures for Supervision of peer-to-peer lending issued this time is the essence of returning to inclusive finance, emphasizing that P2P online lending industry belongs to small-scale lending industry and cannot engage in large-scale business, thus reducing industry risks. Therefore, seeking transformation and focusing on small-scale decentralized business has become the main development direction of P2P online lending industry in the future, and platform transformation is imminent.