Internet finance should be licensed. Internet finance license is an access document issued by the relevant government regulatory authorities to enterprises engaged in Internet finance business in accordance with laws, regulations or other provisions. According to whether the approval is ex ante or ex post, Internet financial licenses are divided into two forms: licensing and filing.

internet finance (ITFIN) refers to a new financial business model in which traditional financial institutions and internet enterprises use internet technology and information communication technology to realize financing, payment, investment and information intermediary services.

Internet finance is not a simple combination of the Internet and the financial industry, but a new model and new business that naturally comes into being to meet the new needs after being familiar with and accepted by users (especially the acceptance of e-commerce) at the level of network technology such as security and mobility.