Why Choose Us
Custodian banks help strengthen fund security on Hexindai’s platform
Every penny invested on Hexindai’s marketplace will be deposited into banks directly; Hexindai is only an intermediary platform for loan facilitation.
Hexindai actively complies with national internet finance regulations and policies. In January 2017, Hexindai successfully introduced Jiangxi Bank as its custodian bank.
By relying on banks to secure fund management and the Company’s platform for transaction management, Hexindai has effectively separated fund management and transactions. This prevents the platform from having any direct access to the invested capital or any chance of executives absconding or misappropriating investors’ funds.
Strong Risk Control System; Qualified Borrowers Selected Through a Complete Risk Control System;
Bank-level Assessment of Borrowers
Hexindai will assess a borrowers’ qualifications based on materials provided by them. These materials cover the purpose of the loan, source of repayment, liabilities and property ownership etc. and can include physical visits by loan officers.
Third-Party Assessment of a Borrower’s Collateral
There are multiple third-party agencies that are responsible for the professional and comprehensive assessment of a borrowers' collateral, qualifications and whether they are involved in legal disputes or litigation.
Self-developed Financial Trading System
Hexindai’s self-developed trading system ensures the smooth operation of the platform and effective and easy maintenance. The Company’s bank-level seven-layer security protection system ensures the security of lenders’ personal information and money.
Hexindai has adopted advanced encryption technology and provides 24-hour monitoring and real-time backup of its servers which ensures the security of its clients’ personal and account information as well as loan records.
Electronic Signature; Secured Contract
Professional Electronic Signature Platform
Hexindai is authorized to adopt the encrypted digital certification by China Financial Certification Authority ("CFCA"), a national-level organization charged with safety certification and approved by the People’s Bank of China and government information security management regulators. This certification is an integral part of the electronic signature, and is subject to legal recognition and protection.
Hexindai’s customer service and sales team will visit borrowers at home to verify the information they provided is accurate and remind them of the repayment date and amount. If a borrower fails to repay his or her loan on time, the Company will follow up with phone calls and visit again to request repayment.