Since the second half of 2013, P2P has become the darling of every capital. Not only the "electric shock" P2P platform in the securities industry, VC / PE (venture capital and private equity institutions) have also poured into the field. Publicly announced the introduction of venture capital P2P platform for more than a dozen, the investment amount from 10 million yuan to hundreds of millions of dollars. Just ushered in the eruption of P2P platform is still in the investment stage, and there is no case of capital withdrawal to recover the return. Analysts believe that the exit of investment institutions nothing more than through the listing, mergers and acquisitions or shareholder repurchase.
Brokerage direct test water P2P
On July 15, GF Sindh announced that it had invested a total of nearly 100 million yuan in capital injection and investment to be invested in the network, and its shareholding ratio exceeded 30%. Which network investment car loan-based network of credit business, GF Sindhi GF Securities, the direct investment company, which investment net cast means that the brokerage test water P2P platform.
GF Shun Tak official said, "This cooperation is actually creating a new direction for P2P industry financing, but also opened a new mode of cooperation between the brokerage and the Internet financial companies."
The above investment is not the first time the brokerage "electric shock" P2P platform. June 30, Hai Tong Securities direct investment company Haitong Kaiyuan has entered the field. 91 On the financial day, it announced that it has completed a new round of financing with the lead investor Haitong Kaiyuan, a direct investment subsidiary of Haitong Securities, broadband capital of previous investors and Jingwei Ventures. Sources said the round of financing amounted to about 200 million yuan.
Investment agencies "flash marriage" P2P
Direct investment in the brokerage P2P platform at the same time, the sense of smell keen VC / PE have also "grab food" in the field. According to incomplete statistics by reporters, the influx of investment institutions started in the second half of 2013. At present, more than a dozen P2P platforms have been announced to introduce investment institutions with investment amounting to 10 million U.S. dollars. Many P2P platform which only set up a few months that "near the big money."
July 16, P2P platform Love Money announced the acquisition of 10 million yuan of capital injection of grand capital, which is only three months away from the P2P platform on the line. Yehhhhhhhhhhhhhhhh, vice president of Shanda Capital, said that P2P is optimistic about the market space and mode. Shanda Capital has previously invested in the field of P2P net credit day eyes and micro-credit network.
Another "flash marriage" was Inbox Capital and P2P platform building blocks box, building blocks box formally launched in August 2013, 4 months later, the company announced that it won millions of A round of financing.
Beneficial network from its establishment to obtain institutional investment has only gone through 9 months, beneficial network in February last year, online, in November that year announced the softbank China millions of dollars in investment.
More than a dozen P2P platforms, such as Credit Suisse, Renren Credit, Dianrong Net, Pat Loans and Love Investors, also announced that they have obtained investment from investment institutions. The Renminbi loan, the first round of investment completed by the end of 2013, amounting to 130 million U.S. dollars, is the largest one-off financing in P2P field.
Listing exit is an important way
P2P platform is now the investment period, still can not get the organization's return on investment. However, LendingClub, the P2P platform of the United States, is about to launch the listing, which will give a bright future for the influx of capital into the industry.
According to media reports, Lending Club may be listed in the United States as early as the third quarter of this year. The company was founded in 2007 and quickly grew to be the world's largest P2P company. LendingClub is seeking to IPO with a valuation of 5 billion US dollars, financing more than 500 million US dollars. Two years ago, the company valued only 570 million U.S. dollars.
Investors will undoubtedly be the biggest winners if the listing goes well, including venture capital firm KPCB, which had earlier invested in P2P-based companies in China.
"Institutions in the P2P industry to exit with other industries is not much difference, one way to exit through the IPO, the other way is through the acquisition to achieve, but also through the way shareholders repurchase." Investment Group senior analyst Song Shao-kui said .
"If you can go to the market the best, if not listed, to bring shareholders a good return on investment is also very meaningful." Yeh said.
Beijing News reporter Li Lei
Some venture capital investment
P2P situation (finishing: Li Lei)
In 2011, Credit Suisse was granted investment in KPCB, IDG Capital and Morgan Stanley Asia Investment Fund for a total investment of 35 million U.S. dollars.
In 2013, LeeNet received 10 million U.S. dollars investment from Softbank China.
By the end of 2013, RenRai obtained a credit capital investment of 130 million U.S. dollars.
In 2014, the pat loan obtained the speed of light vibration, Sequoia Capital and Noah's investment, the amount of 50 million US dollars.
Earlier, pat loan in Sequoia Capital acquired 25 million US dollars investment.
In 2014, Guangfa Shunde, a direct investment company of GF Securities, announced that it had invested billions of dollars in marriage to P2P networks.
■ dialogue
Ye Huifang, vice president of Shanda Capital:
P2P industry reshuffle integration is inevitable
Ye Hui-fang, the incumbent vice president of Shanda Capital, Shanda Capital is well-known domestic VC (venture capital institutions). Yehhhhhhhh Fok believes that P2P future growth and innovation huge space, but the survival of the fittest is inevitable.
P2P industry has potential
Beijing News: Why pay attention to the field of P2P, and at this point, choose to inject money to help money?
Yehhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh P2P in the entire operational efficiency and efficiency of cash flow completely exceeded any of the products, P2P model itself eliminates the intermediary, so that investors and borrowers walk together through the information technology is very transparent to get through, so that funds better turnover And flexible use. So this model is no problem.
Beijing News: How to treat P2P companies running the phenomenon?
Yehhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh P2P platform runway collapse ratio is about 1%, from the figures, this industry is still very potential. It is fair to say that 1% of the industry mixed in. In a normal business environment, the survival of the fittest, this ratio is still very healthy.
Beijing News: Shanda Capital in the choice of P2P companies invest what criteria?
Yehhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh The comprehensive strength of the front-end and the Internet, and access to the user's capabilities.
Beijing News: How do you think about the return of institutional investment P2P?
Yehhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhphy
Beijing News: Shanda Capital P2P investment companies will fight for the listing?
Ye Hui-fang: Need specific examples of specific view. If you can market the best; if not listed, to focus on doing a "small and beautiful" company, give shareholders a good return on investment, it is also very meaningful.
Survival of the fittest is inevitable
Beijing News: Do you think the P2P industry now has a bubble?
Yehhhhhhhhhhhhhhhh: 2000 platforms to go through the entire industry reshuffle integration, survival of the fittest, I think this is inevitable. Look at the history of the early development of the financial institutions in the United States. We have all changed from a number of organizations to more concentrated resources, leaving only a few larger leading companies in the end. The domestic Internet finance industry is still in the early stages of development, is a sunrise industry, the future development prospects are limitless.
Beijing News: How do you think of the future development trend of P2P?
Yehhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh Yeet Fung: the future of the team strong overall strength, business model safety and compliance, access to the user's strong, and credit risk control ability of good business will become very good business, those who do not comply with the model of the company will certainly be the problem Market and users out.
Beijing News: In the past year, why have capital influx P2P field?
Yeh Fook-fong: In fact, there is no influx. Currently more than 2,000 P2P companies, get only about 20 money, which is to allow the market to fully compete the market effect. The first VC willing to invest is the first wave of people who eat crabs. The rest are still waiting to see the follow-up. This is because each investment institution has a different investment strategy.
Beijing News reporter Li Lei