[SOLVED] Lending During COVID 19 Pandemic
Peer-to-peer (P2P) Lending During COVID 19 Pandemic The COVID-19 outbreak is a tragedy that will have long-lasting implications for the global economy. In addition, consumer behaviors shifted and are settling into a new normal. The pandemic has showcased the value of digital operating models and is likely to force many companies to speed up their digital innovation and transformation. However, it doesnt mean than going-digit will make the firms immune from the economic impact. The pandemic also tests the resilience of different business models of FinTech companies. For this FinTech assignment, please address the following questions. Giving the limited words, you do not need to explain what is traditional P2P lending model or notary model, and so on. 1) What are potential risks and opportunities of P2P lending in general during the COVID 19 pandemic? 2) Please briefly discuss potential risks and opportunities for each P2P lending business model during the COVID 19 pandemic. Traditional P2P lending model Notary model Guaranteed return model Balance sheet model Invoice trading model 3) Which business model is the most robust model and which one is the most vulnerable one? Please justify your opinion. 4) Please suggest a better business model for P2P lending. You can make a minor revision of an existing business model. Please note that your report contents should cover the above aspects but you dont have to explicitly include questions and your responses in the report. In other words, please do NOT write the article in the format of Q&A. Your article should be in the typical format of WSJ or Forbes articles. The main body of your article should have at least 700 words but no more than 1000 words. Please include a “Reference” section at the end of your article.
