Purpose: The gradual implementation of blockchain technology in peer-to-peer (P2P) lending platforms facilitates safer, transparent and quick access to funds without having to deal with the more complex and costly processes of banks. Beyond that, the purpose of this paper is to examine...

Purpose – The purpose of this paper is to provide insights into peer-to-peer (P2P) lending which has served as one important tool to mitigate financial exclusion. The main proposition of this research is that P2P platforms, which in many ways resemble auctions, naturally instill competitive...

Purpose – The purpose of this research is to provide insights into peer-to-peer (P2P) lending which has served as one important tool to mitigate financial exclusion. The main proposition of this research is that P2P platforms, which in many ways resemble auctions, naturally instill competitive...

This study is based on a hand-collected dataset of over 7,300 peer-to-peer (P2P) loans granted in common law nations (U.S.A., U.K., India and Kenya) and civil law nations (Italy, Brazil, Germany, Finland, China and South Korea) between 2008 and 2013. Overall, peer-to-peer loans granted in common...

Fintech applications enable convenient direct access to online lending opportunities and highlight the need for financial literacy. This study examines heuristics and behavioral decisions in for-profit vs. pro-social online Peer-to-Peer (P2P) lending. The goal is to support financial literacy...

This paper examines the reporting in the financial press of 1,027 bank agreements established between January 2004 and May 2007. Overall, the frequency of loan reporting in the press increased to over 30%. Reported loans still have longer maturities than non-reported ones, and reported firm...

This paper examines social or peer to peer lending in two platforms, Prosper in the United States and Zopa in the United Kingdom. The hand-collected sample consists of 600 random loan requests -- 300 in each platform -- in different stages of fulfillment during the month of February 2011. The...

This paper examines the effect of "aggressive" bank lending on subsequent bank relationships. The analysis is based on a unique hand collected dataset of 515 technology and non-technology firms that went public during the 1996-2000 "dotcom" period. It examines the effect of their pre-IPO bank...