Wikipedia

P2F

P2F[2] (Chinese: 个人对金融机构[3]),also known as the P2F model or P2F finance,[4] is an Internet finance[5] model that connects individuals with financial institution products[6] through online platforms. The term stands for "person-to-financial institution" The term refers to the mode in which individuals connect with the products of financial institutions and quasi-financial institutions[7] through the Internet.[8]

P2F
Chinese个人对金融机构[1]
IndustryInternet Finance
Other namesP2F model, P2F finance

In the term "P2F", "P" stands for "peer", and "F" stands for "financial institution"[9] or "financial asset".[10] P2F is gradually derived from the P2P model.[11] The representatives of P2F are Beevault,[12] and Yu'ebao (余额宝). [13]

Definition

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The term was coined in 2012[14] by Xie Ping and Zou Chuanwei[15] to describe a model where individuals access financial institution[16] products through internet platforms.

Compared with P2P (peer-to-peer) finance:[17]

  • P2P connects individuals to individuals
  • P2F connects individuals to financial institutions[18]

References

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  1. ↑ "P2F wealth management platform "Weifang Wealth" was launched". China News Service. 2015-03-06.
  2. ↑ "China's Internet finance market in the first quarter exceeded 10 trillion yuan". Ta Kung Pao. 2015-05-26.
  3. ↑ "Internet Finance in China: Market, Regulation and Law". Southern Metropolis Daily. 2018-06-16.
  4. ↑ "Is P2F the final destination of P2P?". Eastmoney.com. Nov 29, 2015.
  5. ↑ "China's bank wealth management income continues to fall". Ta Kung Pao. 2015-12-25.
  6. ↑ Zou Chenhui (2016-10-17). "Record of China's Internet Finance Growth". Southern Metropolis Daily.
  7. ↑ "Taking a Peek at P2F". International Daily News.
  8. ↑ "China's social financing volume in the first half of the year totaled 9.1 trillion yuan". Ta Kung Pao. 2018-07-20.
  9. ↑ Lee, Wo-Chiang (2018-09-15). "Comments on Internet Finance in Mainland China" (PDF). Ministry of Justice Investigation Bureau.
  10. ↑ "Piao Ju Ke received tens of millions of RMB financing". China Securities Journal. 2014-12-20.
  11. ↑ "Government regulation and platform self-discipline are two important aspects of the development of the financial industry". Xinhua News Agency. 2015-12-11.
  12. ↑ "P2F and Financial Innovation". Heze Daily. Dec 25, 2020.
  13. ↑ ""China Science and Technology Week" opens in Beijing". Cyberspace Administration of China. 2015-05-22.
  14. ↑ Ping Xie; Chuanwei Zou; Haier Liu (14 December 2015). Internet Finance in China: Introduction and Practical Approaches. Routledge. pp. 1–. ISBN 978-1-317-26949-6.
  15. ↑ Ligang Song; Ross Garnaut; Cai Fang; Lauren Johnston (21 July 2016). China's New Sources of Economic Growth: Vol. 1: Reform, Resources and Climate Change. ANU Press. pp. 115–. ISBN 978-1-76046-035-8.
  16. ↑ "Housing Fund Management Center of the Central Government adjusts personal loan measures for state-managed provident fund". People's Daily. 2015-11-26.
  17. ↑ "Chinese government takes measures to strengthen the supervision of Internet finance". China News Service. 2015-06-30.
  18. ↑ "Will P2F become the successor to P2P?". China Daily. 2015-09-14.
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