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Thriving In Turbulent Times: The Dynamic Link Between Economic Condition And Fintech Business Lending Success, Nur ‘Asyiqin Ramdhan, Imbarine Bujang, Amirul Afif Muhamat, Ninuk Dewi Kesumaningrum

ASEAN Journal on Science and Technology for Development

This study aimed to understand how FinTech business lending was affected by the pandemic crisis, which caused small businesses to struggle with limited access to funds. During this crisis, demand for alternative financing, like peer-to-peer (P2P) lending, surged. However, P2P lending faces challenges related to information imbalances, especially during crises, when transparency and economic conditions impact investor decisions in Malaysia. We examined factors like platform interest rates, loan duration, investment size, bank lending rates (BLR), inflation, and the crisis using ARDL analysis. Our long-term analysis revealed a significant positive relationship between investment size and P2P lending, while economic conditions had …