P2F[2] (Chinese: 个人对金融机构[3]), also known as P2F model or P2F finance,[4] is a concept of Internet finance[5] with full name of person-to-financial institution products.[6] 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]
| Chinese | 个人对金融机构[1] |
|---|---|
| Industry | Internet Finance |
| Other names | P2F model, P2F finance |
This article provides insufficient context for those unfamiliar with the subject. (February 2021) |
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
editP2F is a term of "Internet finance", which was coined in 2012[14] by Xie Ping and Zou Chuanwei.[15] P2F is a model in which individuals connect with the products of the financial institution[16] and quasi-financial institution[17] via the Internet.
P2F is an upgraded version of P2P.[18] Compared with P2P, financing objects of P2F are financial institutions and quasi-financial institution.[19]
References
edit- ^ "P2F wealth management platform "Weifang Wealth" was launched". China News Service. 2015-03-06.
- ^ "China's Internet finance market in the first quarter exceeded 10 trillion yuan". Ta Kung Pao. 2015-05-26.
- ^ "Internet Finance in China: Market, Regulation and Law". Southern Metropolis Daily. 2018-06-16.
- ^ "Is P2F the final destination of P2P?". Eastmoney.com. Nov 29, 2015.
- ^ "China's bank wealth management income continues to fall". Ta Kung Pao. 2015-12-25.
- ^ Zou Chenhui (2016-10-17). "Record of China's Internet Finance Growth". Southern Metropolis Daily.
- ^ "Taking a Peek at P2F". International Daily News.
- ^ "China's social financing volume in the first half of the year totaled 9.1 trillion yuan". Ta Kung Pao. 2018-07-20.
- ^ Lee, Wo-Chiang (2018-09-15). "Comments on Internet Finance in Mainland China" (PDF). Ministry of Justice Investigation Bureau.
- ^ "Piao Ju Ke received tens of millions of RMB financing". China Securities Journal. 2014-12-20.
- ^ "Government regulation and platform self-discipline are two important aspects of the development of the financial industry". Xinhua News Agency. 2015-12-11.
- ^ "P2F and Financial Innovation". Heze Daily. Dec 25, 2020.
- ^ ""China Science and Technology Week" opens in Beijing". Cyberspace Administration of China. 2015-05-22.
- ^ 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.
- ^ 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.
- ^ "Housing Fund Management Center of the Central Government adjusts personal loan measures for state-managed provident fund". People's Daily. 2015-11-26.
- ^ "Differences between P2F and P2P". Ta Kung Pao. 2015-04-24.
- ^ "Chinese government takes measures to strengthen the supervision of Internet finance". China News Service. 2015-06-30.
- ^ "Will P2F become the successor to P2P?". China Daily. 2015-09-14.