P2P volume surged across the country may exceed last year's total

Although, P2P (personal to individual) network loan platform running or closing news is constantly coming out, however, P2P volume has been showing a straight-line growth. According to the data of net loan home, by the end of June 2014, the volume of P2P in China reached 81.8 billion yuan, almost approaching last year's turnover.

According to the survey data, in the just past June, the total volume of P2P net loan industry reached 14.15 billion yuan, up 3.2% from May (13.701 billion yuan) and the daily average volume reached 470 million yuan. However, Ma Jun, chief researcher at Home Loans, said since January this year, the average growth rate of P2P net loans industry was 6.9%. According to Ma Jun's forecast, if you press this growth rate, then by the end of this year, the industry's monthly turnover will be able to exceed 20 billion yuan. In addition, the number of P2P net loan borrowings increased significantly in June, up 16.2% from May and 690% from June last year. The number of investors is steadily increasing, up 7.8% from May and 5.6% over the same period last year. Times

Experienced last year, up to 20% or even 30% of the annual interest rate, many industry insiders said that with the increasingly standardized network platform for the development of credit, the previous "thrilling" high-interest era will be gone.

According to the net loan home data show that in June this year, net lending platform, the overall interest rate continued to fall to 18.54%, down 1.06% from May. Jun Ma said that after the Spring Festival, net loan industry interest rates have been declining trend. Although the corporate capital flow was tight in June, the demand for loans from enterprises through the online loan platform increased. However, due to the relatively abundant capital supply in the industry as a whole and the need to reduce the interest rate to expand the business volume, the interest rate continued to decline slowly. He believes that at this rate is expected by the end of 2014 the overall loan interest rate will be reduced to 17.5% market.

According to the net loan home June monthly report shows that in the 130 mainstream platform loan balance, the majority of the loan balance of the platform in less than 500 million yuan, of which the loan balance of 100 million -5 million and 10 million -5 million The largest platform. It is reported that the loan balance of more than 1 billion platform for the long time on the line of the old platform, of which the loan balance in June to occupy the top six platforms are Lu Jin, Renren, love investment, financing city, Hongling Investment and loan network, a total of 38.28%. Data also show that from the location of the platform, Guangdong, Zhejiang, Beijing, Shanghai, Jiangsu, Shandong volume, the top five, accounting for 87.8% of the total, still occupy most of the volume. However, it is noteworthy that the volume of transactions in the inland provinces of Sichuan, Fujian, Anhui and Hebei in June showed an upward trend.

For the outbreak of P2P industry, capital increase, including chief financial officer Alhisa Wei Hu Xiaoming, including a number of people in the industry to remind investors, P2P teams continue to grow, so that funding oversupply, runway risk increased, are endangering users and P2P platform itself ; In addition, P2P platform operating costs higher, while the profitability is not optimistic, still burn-based. With the introduction of regulatory details, a large number of P2P platforms will face a crisis of survival in the next 12-18 months.