Peer-to-peer lending, in conjunction with the growing availability of mobile technology and smartphones, has the ability to break through geographical barriers to reach the unbanked and champion the rise to complete financial inclusion.
Using data from a major online peer-to-peer lending platform, we document that, due to time pressure, investors appear to focus on interest rates and only partially account for credit ratings in their decisions. The effect is stronger for mobile-based investors than for PC-based ones. Our ev...
This research has three chapters, with emphasis on the financial inclusion of FinTech innovation represented by Peer-to-Peer lending. And financial inclusion has been measured from 3 sides - diversification, alternative data application, and regulation intervention impact. P2P lending allocates capital ...
Peer to peer lendingPro-socialFinancial inclusionPurpose Peer-to-peer (P2P) lending facilitates direct online lending and aims to provide financial inclusion and investment returns. Lender goals range from for-profit to pro-social and objective information is limited, which highlights the need to ...
While a relatively small percentage of firms utilize bank loans, bank financing is associated with faster growth whereas informal financing is not. Controlling for selection, we find that firms with bank financing grow faster than similar firms without bank financing and that our results are not ...
loans, bank financing is associated with faster growth whereas informal financing is not. Controlling for selection, we find that firms with bank financing grow faster than similar firms without bank financing and that our resu...
The purpose of this research is to contribute to the identification of success factors. The case study involves a peer-to-peer lending (P2P Lending) business operator in Thailand and focuses on the lender perspective. The results consist of 13 potential factors driving financial innovation in ...
Title Loans Title loans require you to use your vehicle as collateral. You’ll need to surrender your vehicle’s title to the lender in exchange for a loan amount. If you can’t repay the loan as agreed, the lender can repossess your vehicle. While title loans can provide quick cash, ...
Fintechproductsdiffergreatlyinscopeandscale:cross-borderpayments,peer-to-peerloans,andcreditriskassessments.Overall,theareasthatFintechcoverscanbecategorizedinto:(i)credit,deposits,andcapital-raisingservices;(ii)payments,clearingandsettlementservices,includingdigitalcurrencies;(iii)investmentmanagementservices;and(iv...
Peer-to-peer (P2P) lending, also known as "social lending," lets individuals lend and borrow money directly from each other. Just as eBay removes the middleman between buyers and sellers,P2P lending companiessuch as Prosper eliminate financial intermediaries like banks and credit unions. P2P lendi...