P2P is the abbreviation of English Peer to Peer (or peer-to-peer), which means partner to partner. Also known as Peer-to-Peer peer-to-peer lending, it is a private micro-lending model, which gathers small amounts of funds and lends them to people who need them. It is the product of Internet finance (ITFIN). It belongs to private microfinance, an online credit platform built with the help of Internet and mobile Internet technology, and related financial management behaviors and services.

2065438+On September 4th, 2009, the Leading Group for Special Remediation of Internet Financial Risks and the Leading Group for Special Remediation of Online Loan Risks jointly issued the Notice on Strengthening the Construction of P2P Online Credit Information System, supporting the operating P2P online lending institutions to access the credit information system.

On the evening of July 4, 2020, it was reported that on the same day, the sub-bureau filed an investigation into the case of microfinance (Hangzhou) Financial Information Service Co., Ltd. ("Microfinance Network" platform) suspected of illegally absorbing public deposits. At present, the case is being investigated according to law.