The Feasibility Analysis And Design Research Of Tc’ P2P Platform

In recent years, with the blooming development of the Internet finance, P2P lending which cannot be overlooked as a kind of the Internet finance is also growing fast and getting high reputation. More and more organizations and individuals have participated in it. P2P lending refers to the direct lending between peer to peer through the third-party intermediary network platform. It’s based on the Internet and independent of the formal financial institutions. To a certain extent, P2P, which reflects the current thought of inclusive finance, can meet the loan and investment demand of individuals or SMEs beyond the limits of conventional circle of acquaintances. P2P that plays the role of information intermediary provide information for creditors and borrowers, facilitate a transaction and gain the management and consulting fees. Since the birth of P2P in2005, it has developed and been copied quickly in the whole world with Zopa、Lending Club and Kiva as the representative. While in China it developed fast in2012after the silent period between2007and2011. So far there is over800P2P platforms in China and one of the89P2P platforms’ turnover reached48.796billion yuan, making the financial juggernaut-the bank begin to panic.This paper mainly involves three parts. The first part analyzes the theoretical basis of P2P lending, including the financing theory and channels for SMEs, and this part lays the foundation of future discussions.The second part reviews the development of P2P lending and related literature. And then this part makes a comparative analysis between Zopa、Lending Club、Kiva and PPDAI、CreditEase、peer-to-peer lender、peer-to-peer enrichment on the operating process and risk control and sources of income etc, classifys the main mode into three parts:the pure online intermediary type、the combination of online and offline type (including cooperation with the third party type)、the debt transfer type to analysis their advantages and disadvantages. On the basis the development prospects were also discussed.The third part conducts a comprehensive analysis of P2P on its feasibility、business model、 investment and finance design、risk control in the theoretical and empirical aspect based on the first and second part, and finally gets the specific design program of P2P lending.This paper tries to provide some practical information of P2P lending for people who involve in this industry through the introduction and research of P2P lending and at the same time to promote the rapid development of this industry.