Study On The Risk Management Of P2P Lending Platform

Recently, with the development of Internet technology, financial innovation, which is based on the Internet developed rapidly, There are six Internet financial model:the raise, third-party payment,P2P lending, large financial institutions in the financial data, information and Internet financial portal. This paper mainly study P2P lending operation model and its risk in our country. To provide some suggestions for the healthy development of the P2P lending.Peer to Peer(P2P) Lending is a way of direct financing. P2P Lending platform is just a financial intermediary. Borrowers on the platform release money demand information including the loan amount, term and interest rate, investors according to the information issued by the borrower to choose whether to lend money to the borrowers.Compared with traditional financial industry, P2P Lending more quickly, simple and easy, so more and more money began to bypass the traditional financial institutions to the borrower. P2P lending solves the question of small and medium-sized enterprise financing difficult which our country faced for a long time.This paper have five chapters:The first chapter is introduction, including the background of research and the significance of research, literature review and the purpose of the research.The second chapter is a summary of P2P lending platform. Including the concept of P2P lending, the mode of P2P lending, the characteristic of P2P lending and the main P2P Lending platform and its operation mode, just like Zopa, Prosrer, Lending Club, PaiPaiDai,RenRenDai, CreditEase, Lufax.The third chapter analyzed the main risk of P2P Lending platform theoretically.P2P lending risk include credit risk, operational risk, legal risk, technology risk, policy risk and management risk.The fourth chapter is empirical analysis of P2P lending platform in China. Including the total risk of the P2P Lending platform assessment as using the analytic hierarchy process (AHP).we also use the logistic model,to analysis the influence factor of the success rate of borrowing.The fifth chapter is the policy suggestions, including to investors and borrowers, P2P Lending platform and the supervision department.