Abstract
AbstractTechnological developments have manifested into several dimensions within business and entrepreneurship. Internet finance (through peer-to-peer lending) is one such advancement which has developed rapidly in recent years and has also brought new challenges to financial management, investments, business financing and growth. However, the development of internet financing has also created some additional risks within the financial market. This chapter provides a literature review of the internet finance in China, particularly focusing on the discussion of online P2P lending and its contribution to business advancement. Meanwhile, it also reviews the previous literature on P2P lending in the United States and the United Kingdom. The findings of the chapter have important implications for managers and users of P2P lending platforms, and for policymakers.
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