What is the significance of cooperation with traditional financial institutions for mutual funds and platforms?

1. Internet financial platform is characterized by convenient browsing, wide customer coverage and no geographical restrictions. The biggest limitation of traditional financial institutions is regionality. Double cooperation, breaking the regional imprisonment. For example, bank loans from Guangxi to Inner Mongolia basically did not exist before.

2. Internet platform saves a lot of manual operation time, saving time cost and human resource cost for traditional finance.

3. It is conducive to revitalizing the demand for microfinance loans in various places. When there is no internet, people who want to borrow hundreds or thousands of dollars for emergency basically rely on finding friends. The emergence of the Internet platform helps to borrow money from traditional banks and realize more demand for small loans.

4. From the macro-economic perspective, it will promote the development of national economy and alleviate the severe pain of economic downturn under structural reform. In 20 16, many enterprises closed down, but the national GDP did not decrease much. The main reason is that in 20 16, the state vigorously promoted financial trials first and revitalized funds. There is a lot of money flying in the sky, so the data displayed by the economy will naturally not be bad.