Can Fintech Companies Substitute Bank Loans?

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Bibliographic Details
Main Author: Joel Paul Khandarmaa
Other Authors: Altantsetseg Anudari
Tasi Péter
Format: Thesis
Kulcsszavak:bank loan
fintech
fintech application
fintech loan
loan
Online Access:http://dolgozattar.uni-bge.hu/42054
Description
Abstract:This thesis will be about the Fintech evolution throughout the time and how it brings next level to people’s daily life. By going in depth, the products and services of financial technology companies are allowing users to take out loans without banks, and it could replace the loan services of banking sector. What could be the advantages of using Fintech services instead of traditional banks? There are many Fintech companies running loan services to customers through mobile applications, thus the thesis will try to clarify if there are any opportunities for Fintech companies to substitute the loan services of banks or not.