Yu'ebao is a financial institution outside of the system in China, the transaction of its funds is generally conducted through the mobile internet, making it part of the Chinese domestic internet finance. At the end of June 2017, the scale of Yu’ebao reaches 1.43 trillion RMB; its huge size is rather impressive and as the representative of the internet financial impact on the Chinese financial industry it is also worth noting. The emergence of internet finance has strengthened the trend of decentralization of the domestic financial industry; although it has not fundamentally subverted the current financial industry, with the rapid development of internet finance, its impact on the conventional financial industry is gradually deepening, not only to making the conventional financial industry comply to its condition, it also brings more risk concerns for financial supervision, and has a profound impact on the domestic market.