Communication & Education Review Vol.1 No.11

The Role of Fintech in Loan Origination: Evidence from China


Yao Zhang
Institute of International Economy, University of International Business and
Economics, Beijing, China
Fan Zhao
School of Foreign Studies, Zhongnan University of Economics and Law, Wuhan,

Abstract: Using loan-level data on a large Fintech firm in China, we investigate whether unstructured
data regarding consumers’ digital mobile footprint and other soft information such as abundance of loan
description, the type of mobile operating system, number of calls, SMSs and contacts proxy for social media
connections, numbers of Sales apps, Financial Apps and Travel apps proxy for individual behavior etc., can
complement rather than substitute for traditional hard information.

Author: Samuel Hall

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