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China
27 4月 2015 (11 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
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 Jinju Caifu
Company Information
Get to know Jinju Caifu
Jinju Caifu was an internet finance platform operated by Hangzhou Shengyu Network Technology Co., Ltd., based in Hangzhou, China. Launched in 2015, the company focused on providing peer-to-peer (P2P) lending services, connecting individual investors with borrowers. The platform primarily offered short-term investment products with promised high returns. However, in November 2018, amidst a wider crackdown on the P2P industry in China, Jinju Caifu collapsed. The platform became inaccessible, and its executives could not be reached, leading to a police investigation for suspected illegal absorption of public deposits.
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