Hebaodai.com, operated by Shenzhen Hebao Financial Information Consulting Co., Ltd., was a prominent P2P platform in China's fintech sector. Launched in 2014, its business model centered on connecting individual investors with borrowers, offering various loan and investment products with advertised returns. The company ceased operations around 2018-2019 amid a nationwide regulatory crackdown on the P2P lending industry, which led to the collapse of numerous similar platforms. Subsequently, the company came under police investigation for alleged illegal fundraising activities.

Founded in

China