P2P financial management is rooted in private micro-lending transactions: P2P lending is a private micro-lending model, which gathers a very small amount of funds and lends them to people who need them. P2P lending refers to a financial model in which individuals provide small loans to other individuals through a third-party platform (P2P platform) on the premise of charging a certain service fee. The object of P2P transaction includes two aspects, one is the customer who lends money, that is, the P2P financier, and the other is the borrower. Through P2P micro-loan transactions, lenders have realized the value-added of asset income, and borrowers have met their own capital needs conveniently and quickly.
With the popularity of the Internet, P2P lending began to mature in developed countries such as Britain and the United States in 2005, and entered China around the end of 2006. Due to the huge population base and strong financing demand in China, traditional banking services can not cover all people who need funds, so it has achieved explosive growth in a few years. At present, domestic P2P microfinance business has formed three forms: online mode based on Internet platform, offline mode without Internet, and offline parallel mode, which makes many ordinary people who can't get the services of formal financial institutions and are in urgent need of small funds get private microfinance services, and also provides a new high-yield financial management method for fund providers.
Although there are high returns, the platforms are different, so it is very important to choose a reliable platform, such as lufax and Qianlaiwang.