Chapter 1563 Old Horse, Be Confident!

In the hotel.

When Li Dong arrived, Ma Yun and the others were also preparing to go downstairs for lunch.

Seeing Li Dong's arrival, Ma Yun sized him up with a smile, and said after a while: "You came quite early, I thought you would come in the afternoon, it seems that you are still young."

"What nonsense, talk about something.

I've been so busy these past few days, I have something to do this afternoon, so hurry up here. "

"No hurries."

Ma Yun laughed, then turned to look at the other people for a while and said, "Then let's chat while eating, and settle the matter before Li Dapao falls into the tender land."

Ma Yun is not alone, there are several people behind him.

Hearing Ma Yun's words, everyone laughed together.

Li Dong didn't care either, and said as he walked, "What's the matter? We are rivals now, what will you find on me?"

"It seems that you have really slackened recently."

Ma Yun sighed lightly, shook his head and said: "Recently, you won't really fall into Ruanxiang with all your heart, right?

The government has recently issued many new policies, almost all of which involve Internet finance and Internet payment services.

There is good news and there is bad news.

From a general point of view, the government supports the emergence of new industries, but from the details, safety comes first and risks are reduced.

All in all, it can be promoted, but strict control measures are required.

I came to you this time because I actually wanted to talk to you about this matter.

You are the first person in Internet finance, and you are also the first to put forward this concept.

Now, you pushed halfway, and the bastard ran away, and all of us are now in a dilemma.

Yu'e Bao is restricted. I heard that it is not passive, but active.

Li Dong, tell us, what do you think?

Now everyone is watching the actions of Wankatong,

Vancard is one of the vanguards. Once Vancar withdraws first, it will have a great impact on the entire industry.

Having said that, you shrank too fast this time. We just got on the horse, and even just getting ready to get on the horse, even you, Li Dong, shrank back. How can you let us continue?

The central bank, the China Banking Regulatory Commission, and some regulatory agencies have recently issued many policies.

Including the issue of reserve funds! "

When Ma Yun said this, he frowned slightly and said: "According to the new policies of several companies, in the future, the reserves of non-financial payment institutions must set up specific reserve accounts in commercial banks.

The opening of these accounts is not in the name of our company, nor in the name of individuals, let alone in the name of customers.

But a unified plan!

In other words, in the future, these reserves have nothing to do with us, we cannot intervene, and can only be supervised by government agencies.

Also, even the invoices we issue are no longer related to reserve funds, but invoices for service amounts.

This is actually a disguised narrowing of our rights and regulatory scope..."

Li Dong said calmly: "Normal."

"normal?"

Ma Yun frowned and said, "You think it's normal, but I don't think it's normal!

Paid for the permit and we all got it.

I thought that getting the payment license meant that we were accepted by financial institutions.

In fact, we are all non-financial institutions now, and a management method for non-financial institutions has almost blocked our way. "

"Then what do you want to do?"

Li Dong asked: "With the advent of the mobile Internet era, online payment has become a norm.

At this time, it is no longer a separate online shopping market before.

In the past, the funds involved in our payment institutions every year were only hundreds of billions of dollars.

But now?

Now just in the first quarter, the inflow and outflow of Wanka's funds is terrifying.

In the first quarter, Wanka received a total of more than 400 billion inflows from various channels!

This market is still expanding, and there will only be more in the second quarter, and more and more in the future.

Throughout the year, Wanka's inflow of funds may exceed two trillion yuan!

Ma, you said it yourself, is it possible that the government will not supervise the flow of such a large amount of funds?

There's really not much we can do right now..."

Ma Yun shook his head and said: "You are wrong, we can do a lot!

Some things, if you don't fight for them, others won't give them to you, and if you think you don't need them, they won't give them to you.

Just like before, the payment license can be obtained because we strive for it again and again.

If we don't fight for it, let alone last year, we won't be able to make it this year or even next year!

This is the difference between working hard and not working hard. If you accept it, and any policy supports it, then sooner or later you will be trapped in a small circle and eventually die or decline.

And this is not what we want to see.

We may not be able to reverse the overall situation, but at least we need to take some actions to let others see that we also hope that this industry can become better, and we can also achieve perfect supervision and the most powerful risk control measures! "

"Just tell me, what do you want me to do?"

Li Dong went straight to the topic, he wanted to see what Ma Yun had to say.

Ma Yun smiled and said, "Eat first, we'll talk about it later."

"I'm not hungry. Just after eating, you can just say your purpose, so that you won't be able to eat later."

Ma Yun turned to look at him, and said after a while: "Simple, the purpose of everyone coming with me is actually beneficial to you.

At present, we have initially reached an intention.

One, as ever, we are united once again to have a voice that is ours.

Third-party payment institutions should not be included in the non-financial system, especially after the payment license is issued, we are also a regular army, not a wild way!

Now that the government has passed the review and issued us a formal license, it means that they have recognized us.

There is no reason to double standards, and we are defined as non-financial institutions at critical moments.

Internet finance, that is also the financial industry!

Second, apply for more financial industry licenses, including private bank and small loan licenses.

Funds flowed through our hands for no reason, and ended up cheaper for others.

The Internet financial industry needs to be improved, and a single payment and monetary fund are not enough to support a new industry and industry..."

"oh……"

Li Dong was perfunctory, Ma Yun frowned and said, "Do you have a different opinion?"

Li Dong smiled and said: "No, but I won't participate."

"Why!"

Not only Ma Yun, but also the bosses of other payment institutions are also in a hurry.

If Li Dong doesn't participate, how can we continue playing!

Li Dong curled his lips and said speechlessly: "I thought why such a big deal, just this little thing?

What you say is you, not me.

Well, let me tell the truth, I am applying for a consumer finance license now, and once the application is approved, all the problems will not be a problem.

So, I am a little bit different from everyone else.

Why, seeing that I haven't moved yet, you feel that I have given up? "

Li Dong sneered, in the financial field, there are several major licenses that must be obtained.

Especially in the new financial field, a license is fundamental.

First, the third-party payment license, which is actually not difficult to obtain.

When the license was issued before, many companies got it.

Second, Internet funds and sales licenses.

This point is also a new policy that only appeared not long ago, and it is also because of the emergence of monetary funds such as Yu'e Bao, and the central bank and the China Securities Regulatory Commission have made adjustments.

At the same time, a third license, the Internet Insurance License, was also issued.

These licenses can be obtained by Yuanfang, and so can Ali.

The remaining licenses are more difficult.

The private bank license and Internet microfinance license that Ma Yun talked about...

At present, none of them have been released yet, but there is only this intention. The government said that it will issue it. Ma Yun obviously means that it will continue to urge the government to quickly introduce these policies as before.

Once you have these licenses, it will be much easier, and some of the current restrictions and violations are no longer a problem.

Especially the small loan license, Ma Yun said a long time ago that it supports small and medium-sized enterprises.

How to support?

Loans of course!

But without a microfinance license, lending is illegal, especially between business-to-business like them.

But after getting the license, not only is it compliant, but you can also use leverage.

That is to say, once they get a small loan license, they can use not only their own money, but also some reserve funds.

Of course, there are limits to the leverage involved.

What can really achieve high leverage with very little restrictions is actually a consumer finance license.

Consumer finance license, one consumption represents many things.

This was a new policy introduced by the state in order to promote and stimulate consumption during the economic crisis in 2008.

Consumer finance, including automobile consumption, education consumption, decoration consumption, tourism consumption...

In short, except for mortgages, you can do all other consumer loans as long as you have obtained this license, and you are no longer limited to a certain field.

The small loan license that Ma Yun mentioned is actually very restrictive, including restrictions on the amount.

Consumer licenses cover many fields, and the conditions for obtaining a consumer finance license are higher than all license conditions.

Once Li Dong's application is successful, Wanka will be able to do a lot of business in the future.

It is no longer an illegal operation in the early stage, but a serious operation of itself as an online bank, and these are all compliant.

Of course, the application requirements for consumer finance licenses are also very high.

Otherwise, Li Dong would not say that he is different from others.

What conditions?

First, financial institutions, as promoters, have total assets of no less than 60 billion at the end of the year, and non-financial institution revenues of no less than 30 billion.

What is this concept?

The concept is that the three previous BAT companies together have an annual revenue of less than 30 billion.

How to apply?

In particular, Ali also spun off Alipay. If Alipay was not the initiator, but Alipay was the initiator alone, how could Alipay have an annual revenue of 30 billion.

Revenue, that is the actual performance of the company, not the turnover, which is different.

Therefore, none of today's domestic Internet companies, including Internet payment institutions, has met the requirements, and the gap is still very large!

Unless they don't regard themselves as sponsors, but then another problem will arise, the problem of shareholders!

In the distance, there are no such restrictions.

Wanka can apply with Yuanfang Holdings as the controlling party as the sponsor. Yuanfang Holdings is the current Yuanfang General Group, and its revenue and assets have exceeded the requirements.

If you apply from far away, the possibility of passing is very high. The only flaw is that Wanka has not been established for too long, and it is impossible to produce a perfect financial report.

Of course, these are actually not big problems, much simpler than failing to meet the hard conditions.

Yuanfang is currently applying for it. Once approved, Yuanfang can officially lend money to the outside world.

And with these licenses, especially consumer finance licenses, there are many things that can be done.

A general small loan license can support a leverage of two to three times.

If you have a capital of 100 million yuan, you can lend at most 200 million to 300 million yuan, which is extremely risky.

Consumable finance, because the cycle is not long and the leverage ratio is high, can generally support five to ten times the leverage.

If you have a capital of 100 million, you can lend 1 billion to the outside world.

Of course, this requires a lot of risk, but in fact the risk is still much smaller than that of small loans.

Once Yuanfang obtains a consumer finance license, Li Dong can treat himself as a bank, a commercial bank, not a private bank with great limitations.

When he said this, everyone else looked ugly, and Ma Yun even cursed inwardly, bullying people, right?

He forgot about this, but now that he thinks about it, Yuanfang really doesn't need to fight for those policies and conditions like them, they have capital behind them!

No wonder Li Dong is unhurried, no wonder Li Dong is very leisurely.

Ma Yun was still thinking, did this guy forget about this, so he was waiting here!

And since Li Dong said it, it means that there is a great hope of getting it, otherwise he wouldn't say it now.

Just when Ma Yun and the others were thinking about something, Li Dong laughed again: "As for me, this time I will take a step ahead, but don't be discouraged.

I will not monopolize the Internet financial market, and I don't have such a big appetite.

In fact, I am not the only one who can get it, many industrial companies can too.

But they don't understand this business, dare not do it, and can't let go.

It's okay, I'm waiting for you professionals to grab your jobs.

As long as you meet the requirements, you can also apply. At that time, we will grab the bank's business together and let them restrict us every day.

In the future, we will be no different from banks except for housing loans.

Moreover, Internet banking is in line with the current trend. I believe that this market is still very large, perhaps even larger than that of physical banks.

Of course, you can get other licenses, but it’s not much different..."

He said so, but the others were about to scold their mothers.

It's exciting again!

Can other licenses be the same as consumer finance licenses?

The delineation of the scope is different!

Ma Yun slowed down at this time, staring at Li Dongdao: "So, you have been fooling us from the beginning?"

Li Dong asked in surprise, "What fooling?"

"You should have made up your mind about this before, but you ended up with the attitude of Yu'e Bao dying..."

"Yebao has nothing to do with this. The two are not integrated. One is a monetary fund and the other is a consumer loan. It has nothing to do with it. Why are you talking about it?"

"you……"

Ma Yun is angry, it sounds okay, but is it really okay?

Ma Yun can guarantee that once Wankaka starts to make consumer finance loans, the user's money will only be deposited in Yu'e Bao, and future consumption will probably be in Yuanfang Mall.

After all, is the loan from Vancard still used for shopping?

Moreover, Li Dong must have plans and restrictions.

Sure enough, Li Dong smiled again: "I thought about it, since the government wants to see us do a good job in supervision and risk control, then we must do it well!

Therefore, Yuanfang may launch our credit rating system in the near future.

I very much hope that everyone can join in. After all, it is difficult for Yuanfang’s family to collect all the data. If we all join, then we can control all the business data related to Internet and Internet finance today.

In the future, we will be able to find consumption, loans, and deposits in the distant industrial system and establish a personal credit system.

In this way, it will be much easier to handle, and risk management and control will be much easier..."

As soon as these words came out, the others were fine, but Ma Yun's expression changed.

Once Li Dong's credit system is released and the consumer finance license is decentralized, all shopping or consumption in distant places, or other things, will be included in the credit system and rated.

Some users, considering that they may need loans in the future, probably prefer products from Yuanfang.

After all, if you are shopping in Treasure, the money is useless, and there is no way to get a loan, what a waste.

Although not everyone needs a loan, just like not everyone needs a credit card, but in this society, there are too many people who need these!

If no one needed it, there wouldn't be so much banking business every year.

Ma Yun took a deep breath and looked at Li Dongdao: "You say this now, do you want to show that you are sure to win?"

Li Dong said with an innocent face: "I didn't do anything to you, did I?

You pull me to talk about things, why don't I explain the situation to you?

What's more, this is our plan, I have said it many times before, especially the establishment of the credit system, I said it a long time ago.

However, due to some reasons, it was not possible to do it in time.

Now that I tell you this, you think I'm provoking you?

Ma, you are so narrow-minded, when can you change it.

Besides, Ali is also online, so what's the big deal.

Isn't it just that the layout of the big data industry has not yet been completed, and data processing is troublesome.

Isn't it because the industrial chain is scarce and the credit system is not easy to do.

Isn't it because they failed to obtain a consumer finance license, and they couldn't do some businesses.

Isn't it just that there is no money, and the scale of making it is not large.

What's the matter?

We all do it step by step, no one is a Big Mac right from the beginning?

Old horse, be confident, I believe in you, you can definitely surpass me, I am optimistic about you! "

"Get out!"

Ma Yun was really angry this time, one wrong step, one wrong step.

Originally, he just wanted to bring Li Dong together, borrow Li Dong's power, and benefit everyone, especially Ali.

Ma Yun brought other people, in fact, he also had the intention of forcing the palace.

Everyone wants you to stand up, if you don't stand up, you will offend all your colleagues.

But the result was good. Now Li Dong simply refused, not because he didn't want to do it, he had already done it, and now he is opening the way for everyone.

At this time, what else can I say?

After being ridiculed by Li Dong for a while, Ma Yun was really speechless except scolding himself for being stupid for coming to Li Dong!