FinTech Lending

Tobias Berg and Manju Puri
Authors registered in the RePEc Author Service: Andreas Fuster

No 16668, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: In this paper, we review the growing literature on FinTech lending –- the provision of credit facilitated by technology that improves the customer-lender interaction or lenders’ screening and monitoring of borrowers. FinTech lending has grown rapidly, though in developed economies like the U.S. it still only accounts for a small share of total credit. An increase in convenience and speed appears to have been more central to FinTech lending’s growth than improved screening or monitoring, though there is certainly potential for the latter, as is the case for increased financial inclusion. The COVID-19 pandemic has shown potential vulnerabilities of FinTech lenders, although in certain segments they have displayed rapid growth.

Keywords: Fintech; lending; Financial intermediation; Covid-19 (search for similar items in EconPapers)
JEL-codes: G21 G23 G51 (search for similar items in EconPapers)
Date: 2021-10
References: Add references at CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP16668 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: FinTech Lending (2022)
Working Paper: FinTech Lending (2021)
Working Paper: FinTech Lending (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:16668

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP16668

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().