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China
2006 (20 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know 9F Group
Company Information
Get to know 9F Group
Founded in 2006, 9F Group grew to become a major player in China's fintech industry, primarily focusing on P2P lending, online wealth management, and providing financial services through its digital platform. The company listed on the NASDAQ exchange under the ticker "JFU" in August 2019. However, following a sweeping regulatory crackdown on China's P2P lending industry, 9F Group faced a severe liquidity crisis and significant operational challenges. This led to its failure to file required financial reports and its subsequent delisting from NASDAQ in 2022. The company continues to operate, having pivoted its business model towards being a broader digital financial services platform.
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