58 city "method" is what?

DoNews, July 8 (Reporter Xiang Mi) 58 City announced on July 7 that it will cooperate with the Internet finance business of UAF Finance, a domestic and foreign microfinance company ("UAF").

According to the Memorandum of Understanding for Cooperation, 58 Joint Venture between City and Asia This strategic cooperation covers many aspects such as online business promotion and sales, database sharing and product promotion, and cross-regional financial cooperation.

At a time when the concept of Internet finance is gaining prominence, how will city life service platform 58 deal with "money"?

Why co-operation?

According to Chen Xiaohua introduction, 58 city more than 200 million daily users and more than 5.5 million quarterly SME owners, 58 city in the act as an online search for users at the same time, not only mastered the massive user data, but also control The consumption of these users scene.

"The scenario for this transaction is particularly important for finance because we know not only how much credit he owes but also what the purpose of his money is."

However, Chen Xiaohua said that despite having the above resources, 58 the same city to enter the field of Internet finance, on the one hand the lack of understanding of the entire financial industry experience and risk control, on the other hand also need some service capabilities.

"UAF not only has more than 20 years of experience in the financial field, has also established a broad layout in China,

In the main cities have their branches, stores and professionals. "

Zhang Binghuang, chief financial officer of Asia, also said that in cooperation with Internet companies like China's 58-city Internet company of the same size and scale, it will make it easier for the company to find its customers. Those with financing needs will find their way through the city platform.

Zhang Binghuang said that currently the best online P2P, the country should be recognized by the Ping An Insurance Lukai Branch, Asia and the United Finance hope that together with the 58 city to create a second platform similar to Lu Jin.

It is understood that UAF has been established in 1993 for 21 years and has a total of 50 branches in Hong Kong. It is Hong Kong's largest non-financial financial institution.

Up to now, UAF has set up 43 branches in Shenzhen and opened 115 branches in 15 cities including Shenyang, Tianjin, Beijing, Shanghai and Wuhan.

How to cooperate?

According to the cooperation agreement signed by the two parties, the same city in the future 58 will recommend or introduce service to UAAC; UAFC will provide 58 city-specific customized financing products and financing services to targeted users while providing user risk Control service.

However, Chen Xiaohua revealed that the cooperation between the two sides is not limited to mere diversion, but rather "to create something better for use based on the service capabilities of 58 city-specific scenarios and UAF."

Chen Xiaohua said "better things," refers to the 58 city and Asia United Finance in the same city 58 existing offline merchant authentication system, based on the joint development of financial certification process, and eligible businesses eligible to grant financial Certification; UA Finance will assist 58 pre-paid merchants in the city to provide alternative prepaid financial products.

At the same time, both parties will also discuss potential cooperation directions for P2P lending business and the possibility of establishing a P2P portal platform in due course.

In addition, the two parties will also cooperate in the online banking business, including online loan application and reimbursement, online credit audit, and online financing customer service and other potential cooperation directions.

In the field of foreign finance, the two sides will also start long-term strategic cooperation with the goal of including Hong Kong, China and Southeast Asia, forming a multilateral linkage of common customer groups and business products from online to offline.

Chen Xiaohua said frankly that the first step in joint financial cooperation between the city and Asia is to conduct a joint credit rating on 400,000 paying subscribers in the same city of 58 cities and provide loans based on credit rating. This work needs a long time, This is just a small part of the cooperation plan.

Chen Xiaohua also said that 58 the same city involved in the field of Internet finance, the principle of "risk from low to high, the implementation of easy to difficult," 58 city loans, P2P and other businesses, the future will also consider providing users with other types of financial service. (Finish)