Internet finance includes third-party payment, P2P online lending, Internet funds, crowdfunding and equity crowdfunding. Among them, the typical products of the third-party payment platform include Alipay, WeChat payment, and China UnionPay Express. The typical products of P2P online lending include auction loan and pleasant loan. Typical products of Internet funds include Yu 'ebao. Typical products of crowdfunding include crowdfunding in JD.COM. The typical product of equity crowdfunding is Angel Exchange.
1.P2P online lending is called Peer-to-Peerlending in English, that is, peer-to-peer credit, and it is also called "everyone's loan" in China. Peer-to-peer online lending refers to the third-party internet platform built by P2P companies, which matches the borrowers and borrowers. It is a "person-to-person" direct credit model. That is, a qualified website (a third-party company) is used as an intermediary platform, the borrower issues the loan target, and the investor bids for the loan to the borrower.
2. Peer-to-peer lending refers to the process of lending, and information, funds, contracts and procedures are all realized through the Internet. It is a new financial model developed with the development of internet and the rise of private lending, and it is also one of the development trends of financial services in the future. According to the estimation of Online Lending House, as of September 20 13, the number of P2P online lending platforms is around 500. Since September 20 13, the linear speed of the new platform has reached 3-4 per day. It is estimated that by the end of 20 13, the number of P2P online lending platforms will exceed 800.
3. China P2P online lending platform can be analyzed from three angles. According to different lending processes, P2P online lending can be divided into pure platform mode and creditor's rights transfer mode. In the pure platform mode, the relationship between borrowers and lenders is realized through direct contact and one-time bidding on the platform; In the mode of creditor's rights transfer, professional lenders on the platform participate in the lending relationship. According to the application degree of Internet in the whole business process such as user development, credit review, contract signing and loan collection, the operation mode of P2P online lending platform can also be divided into pure online mode and online-offline combination mode.
4. According to whether guarantee is provided or not, P2P online lending platforms can be divided into unsecured mode and secured mode, and secured mode includes third-party guarantee mode and platform-owned guarantee mode.
What is Internet finance?
Internet finance (ITFIN) refers to a new financial business model in which traditional financial institutions and Internet enterprises use Internet technology and information communication technology to realize financing, payment, investment and information intermediary services.
Three pillars of Internet finance:
1, the first pillar is payment.
Payment is a financial infrastructure, which will affect the form of financial activities. In internet finance, payment is based on mobile payment and third-party payment, which is largely active outside the traditional payment and settlement system dominated by banks, significantly reducing transaction costs. In internet finance, payment is also linked to financial products, which helps to enrich business models. Finally, due to the close relationship between payment and money, Internet money will also appear in Internet finance.
2. The second pillar is information processing.
Information is the core of finance and the basis of financial resource allocation. In Internet finance, big data is widely used in information processing, which improves the efficiency of risk pricing and risk management and significantly reduces information asymmetry. The information processing of internet finance is the biggest difference between it and indirect financing of commercial banks and direct financing of capital market.
3. The third pillar is resource allocation.
The allocation of financial resources refers to the way in which financial resources are allocated from capital suppliers to capital demanders. Resource allocation is the fundamental goal of financial activities, and the efficiency of resource allocation of internet finance is the basis of its existence. In internet finance, financial products are closely integrated with the real economy, and the boundary of transaction possibility is greatly expanded. The matching of the term and quantity of capital supply and demand can be completely solved by itself, without going through traditional financial intermediaries and markets such as banks, securities companies and exchanges.
Extended data:
Several types of Internet finance companies:
1. Comprehensive Internet financial platform: Relying on the advantages and advantages of traditional financial institutions, we design professional and diversified wealth management products and carry out strict risk control. Professional institutions can rely on the platform to improve service quality, have a complete and closed ecosystem and a large amount of user data accumulation, and it is easier to obtain funds and assets. The representative enterprises include Ant Financial and Weizhong Bank.
2. Internet consumer finance company: By providing consumer-oriented loan financial services, it has the characteristics of small single credit line, fast approval speed, no mortgage guarantee, flexible service mode and its own risk control mode, so the risk is more controllable. "Scenes" and "users" are the core factors to promote its rapid development. The combination of consumer financial products, such as ant flower buds and JD.COM white stripes, and e-commerce scenarios enables consumer finance to quickly acquire users and assets.
3.agentmodel: Using digital risk management technology, a large number of personal unsecured loans are generated, providing the whole process of credit outsourcing services for banks (and other financial institutions). The main feature is that you can connect multiple asset sources without taking risks. But the rate is low, and there is almost no product design ability.
4.P2P platform: it is a business model that gathers a very small amount of funds and lends them to people who need them through the network. Because of the high cost of obtaining funds and assets, the old platform has an advantage in accumulating more customers. Risk control mainly depends on models and data, and the risk control systems of different platforms are quite different.