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China
2013 (13 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 Yooli
Company Information
Get to know Yooli
Founded in 2013, Yooli (有利网) was an online lending information intermediary platform headquartered in Beijing, China. Its primary business was connecting individual investors with borrowers, offering a range of investment products based on consumer and small business loans. At its peak, it was one of China's major P2P lending platforms. However, due to a massive nationwide regulatory crackdown on the P2P lending industry by the Chinese government, Yooli officially announced in July 2020 that it was initiating a "benign exit" from the business and is no longer accepting new investments.
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