Pat loan Noah Fortune buy speculation

Absrtact: AT the cusp of the moment, the Peer-to-peer industry's old-brand racket loan in Beijing announced the acquisition of a B-round investment. In contrast to other frequent trampling on the red line of the peer-to-peer agencies, as a domestic front-line peer-to-peer, Pat Credit can be contrarian financing proved its unique. Is，

AT the cusp of the moment, the Peer-to-peer industry's old-brand racket loan in Beijing announced a high-profile investment in the B round. In contrast to other frequent trampling on the red line of the peer-to-peer agencies, as a domestic front-line peer-to-peer, Pat Credit can be contrarian financing proved its unique.

It is reported that this round of investment in the amount of 50 million U.S. dollars, and investors are also with the resources of high-quality funds. B-round-collar for the speed of light An Zhen China venture capital, the speed of light An Zhen in the United States has invested in the famous Internet credit rating agency Zest Finance, in the country also invested in a number of Internet financial innovation companies, such as Rong 360. In addition, the NYSE listed third party wealth management agency Noah Wealth and a-round investment in Sequoia Capital has also been in the same vote.

"The need for a PAT loan is high IQ money, which is our capital quality advantage." Zhang, co-founder and CEO of the film and Credit Association, told the China Business newspaper that Noah's wealth would also co-operate with the racket loan at the business level this year. However, the industry believes that the future does not rule out the acquisition of Noah's wealth of the possibility of a pat loan. A case worthy of reference is that the only product will buy Lok Bee nets, behind the standing of the common investors have Sequoia Capital, this time is no exception.

Finance is mainly spent on wind control technology

Pat Credit was founded in June 2007, is China's first peer-to-peer (personal personal) network credit loan platform, is also the first by the business sector approved, access to the "Financial Information Services" qualification, so that the Government recognized the Internet financial platform.

According to Zhang, the domestic other Peer-to-peer enterprises are out of the peer-to-peer intent and carried out a different degree of innovation, resulting in some alienation. As a result, the racket loan has become the industry's "heterogeneous", only to do a pure online information transaction matchmaking platform. Although the establishment time is the longest, but the platform transaction scale is not the biggest. However, Zhang that, Pat Credit on the deal is characterized by "large volume, small amount", the average amount of loans in 10,000 yuan or so, which is different from many Peer-to-peer platform large amounts.

According to the mode of racket loan, microfinance is more suitable for trading on this platform. Because the racket loan does not participate in the loan transaction, but according to the information which the borrower provides carries on the online examination, does not guarantee the information authenticity, simultaneously borrows unsecured, does not have the guarantee, therefore borrows the person to face the big credit risk. Although from the platform, a certain range of defaults can withstand, but for the lender, the risk of taking is very high.

For investment money, Zhang also have their own understanding, "not the more the better", "in not yet think good how to spend money, I will not to VC financing." "Zhang said that in 2011, when a round of financing, Sequoia Capital to Pat lent an olive branch, Term Sheet (venture capital agreement) all gave, but he did not sign, until the end of 2012 before the completion of a round of financing.

However, this round of financing is only less than two years, what is the racket loan financing to do?

"Online wind control and credit system is the foundation and key business of internet finance, and it is the basic skill of peer-to-peer industry competition in the next two years." Zhang revealed that much of the first round of funding was invested in the credit system model and research and development, and that much of the money would continue to be spent on technology, and at least 1/3 of the money would be spent on models, systems and platforms.

It is these spending energy that investors consider to be the most important threshold. "Anything that starts easy can become more difficult, and the things that start hard may later become easier, and the hardest bone to chew first." Yingjie, founder partner and executive director of Noah's holdings, said that as a platform company, the racket loan does not take risks and uses Internet technology to provide a bridge that traditional finance cannot do.

"The use of Internet platforms and technologies to broker investors and borrowers, through years of data accumulation and analysis, the formation of the domestic peer-to-peer industry's most effective wind control system and online credit system, we have been the outstanding achievements of the team moved, we are more confident of the future development of the company. "The speed of light An Zhen Cao, the managing director of China Venture, said.

The speed of light An Zhen partner Hanyan added: "From the number of users, Pat credit accumulated deep, the user is closer to ordinary people and small white-collar workers, the amount of small, large base." The massive accumulation makes the racket loan to have more data to be good wind control than the general company. Therefore, the racket loan is alternative. ”