A Case Analysis On Risk Control Management Of RENRENDAI Company

As one of the Internet financial business models, peer to peer lending has been the most powerful channel to reach inclusive finance among all the models. However, as the development of P2 P lending company is still not mature in our country, the news about P2 P companies run away with money often appears in the media. In addition to pure fraud, many P2 P companies failed in operating because of difficulty in withdrawal. Therefore, P2 P lending company needs to improve its ability of risk management. Besides, our country should strengthen the supervision of P2 P lending company to promote the healthy development of this industry.This paper introduces selected topic background and significance, the research both at home and abroad and the main research contents and methods in this paper at first. According to studies on risk management of P2 P lending company from domestic and foreign scholars, this paper regards them as the theoretical basis, and it further explores the risk management control activities of renrendai company.This paper focuses on the analysis of risk management of renrendai company. As renrendai company has the lowest bad debt ratio in P2 P lending industry, so the study of it is available to other companies in the same industry. First of all, this paper describes this company’s general situation and the current situation of its risk management objectively. Then it studies on its risk management in deep in order to dig out the problems in its risk management and control situation based on the theory of risk management. And then it analyzes the possible reasons of the existing problems. At last it puts forward improvement suggestions based on the corresponding problems. This paper aims to put forward suitable practical methods of risk control management for P2 P lending company in our country through the case study of P2 P risk control management. And it can promote the healthy development of P2 P lending industry.