Chinese | 个人对金融机构 |
---|---|
Industry | Internet Finance |
Other names | P2F model, P2F finance |
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P2F (Chinese: 个人对金融机构), also known as P2F model or P2F finance, is a concept of Internet finance with full name of person-to-financial institution products. The term refers to the mode in which individuals connect with the products of financial institutions and quasi-financial institutions through the Internet.
In the term "P2F", "P" stands for "peer", and "F" stands for "financial institution" or "financial asset". P2F is gradually derived from the P2P model. The representatives of P2F are Beevault, and Yu'ebao (余额宝).
Definition
P2F is a term of "Internet finance", which was coined in 2012 by Xie Ping and Zou Chuanwei. P2F is a model in which individuals connect with the products of the financial institution and quasi-financial institution via the Internet.
P2F is an upgraded version of P2P. Compared with P2P, financing objects of P2F are financial institutions and quasi-financial institution.
References
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- 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.
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- "Will P2F become the successor to P2P?". China Daily. 2015-09-14.