How does Kaixin Jinfu use financial technology to optimize traditional financial business?

First of all, Kaixin Gold Services through the output of financial technology to its subsidiary Kaijin Center, Kaijin Center to optimize the enterprise financing process. Take the supply chain finance carried out by Kaijin Center and logistics enterprises as an example, generally speaking, large logistics enterprises hold the business transaction data of many upstream and downstream enterprises and carriers. Kaijin Center establishes a supply chain system directly connected to the ERP system of core logistics enterprises, makes credit judgment and risk control based on these business data, realizes online financing, and provides more accurate and fast services for off-site carriers.

Secondly, it reduces financing costs. With the financial technology of Kaixin Financial Services, Kaijin Center collects and analyzes industry big data and skillfully uses the supply chain financial system, and no longer relies on manual offline visits and investigations of financing projects, so that the cost of risk control will be greatly reduced. And by utilizing the credit of the enterprise as a guarantee, the risk premium for small and medium-sized enterprises will also be reduced. At the same time, the online supply chain finance reduces many intermediate links, greatly reducing the cost of enterprise financing.

In addition to the accounts receivable financing model, more service scenarios can be extended based on commodity logistics to explore new business models. For example, inventory pledge financing and new car picking financing, which are closely related to automobile logistics. These scenarios can be logistics enterprises warehousing and storage, on behalf of the picking distribution and other service capabilities into economic benefits, to create a new value growth point.