Company Information

Get to know Gongzi Qianbao

Gongzi Qianbao, operated by Beijing Shenzhou Rongxin Technology Co., Ltd., was a prominent internet finance company in China, launched in 2015. It functioned as a P2P lending marketplace, primarily targeting students and young white-collar workers by offering them small-to-medium-sized consumer loans. For investors, it offered a platform to fund these loans in exchange for interest returns. The company's mission was to provide accessible and efficient micro-financing solutions. However, the platform collapsed in 2018 during a nationwide crackdown by the Chinese government on the P2P lending industry, which was plagued by fraud and mismanagement.

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Financial FundraisingPRIMARY
Financial Banking
Financial Legal Service

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Gongzi Qianbao

China

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.