# 123 – Tuandaiwang

Tuandaiwang is a Chinese peer-to-peer lending company that offer a group loan network loan investment platform

Launched in 2012, Tuandaiwang operates a P2P lending platform on Tdw.cn. Based in Dongguan province in the Guangdong province, the company enables users to lend out their savings at a much higher investment conversion than traditional saving options. Tuandaiwang says it has helped individuals and Company borrow RMB78 billion (US $ 11.4 billion) cumulatively, and helped lenders make RMB2.3 billion (US $ 335 million) in returns.

(Hereinafter referred to as “derivative group”) under the comprehensive financial services platform, adhering to the safe, transparent, stable, efficient and innovative business philosophy, the goal for the Fund, insurance (tdw.cn) is a derivative technology group Co., , And other financial institutions (or financial services institutions) to provide account information, operational wind control, large data management, product information display, traffic cooperation and other financial technology services, and the formation of the Internet, mobile Internet technology and large data wind control technology, Chain module as the starting point to focus on consumption scenarios of consumer finance, agriculture, agriculture, agriculture, network lending, supply chain finance, Internet banking and other core business as a comprehensive layout. At the same time committed to the majority of investment users to provide funds, insurance, securities, Internet lending and other Internet investment one-stop integrated services.

Mission network in the Internet financial, information services and large data wind control has a wealth of experience and strong strength, independent research and development of four sets of industry-leading core system: Libra large data intelligent wind control system, BI business decision-making system, Intelligent wind control system, business intelligence management system, there are a number of independent research and development of the software system access to national copyright Bureau certification, a benchmark for the industry to promote the development of the industry.

In March 2017, the Group’s bank loan network was jointly launched by Xiamen Bank to build the bank custody system. The derivative group always adhere to the compliance management, take the initiative to embrace the supervision, fully accept the government and the public supervision, and fulfill the corresponding information disclosure obligations.

Prior to the derivative group has completed three rounds of 675 million yuan of financing, as of May 2017, the derivative group has received a new round of financing, a total of 1.8 billion yuan. The current round of financing by the Minsheng Capital Investment Management Co., Ltd. leadership, Beijing Ying Sheng Innovation and Technology Co., Ltd., Huangshan Haihui Technology Investment Co., Ltd. and the North Sea Fergus Investment Co., Ltd. and other enterprises with the vote to complete. The round of financing will be mainly used to increase investment in the field of scientific and technological innovation, the Group’s related financial license layout, but also for the future of the Group to enter the capital market to prepare the required funds, and will increase the industrial technology sector investment and layout. The future, the derivative group will form a “science and technology + industry + finance” of the ecological circle, to expand the larger strategic living space.