A Research On Foreign P2P Lending Platform Mode VS Chinese P2P Lending Platform

The mainly spirit of the Internet lies in "fair, open, transparent and sharing", In the use of the Internet technology, borrowers and investors in different areas can match together, which can efficiently complete the capital docking. At the same time, P2P lending model itself will have their own a lot of innovation, such as diversification, etc. Such a mature financial markets as the United States, none but Prosper and Lending Club survived in the end. This is mainly due to the SEC put forward very high threshold of market participation, only P2P with good operation mode can be authorized. Lending Club network platform created an typical Internet financial model, with its as the research object, this paper adopts the method of case study, by business model evolution of LC as the breakthrough point, Study the development from the initial promissory note model to securities mode, under the mode of securities, Lending Club has expanded so have its rivals in the United States, rapidly beyond Prosper, became the main service platform of P2P Lending market. In the cases analyzed its successful infrastructure:big data and thorough credit system. Later in this paper, through Comparative Analysis of Chinese P2P platform main operation mode, risk control, credit system and regulatory conditions, we can conclude that as credit reporting and regulatory system is not perfect, relative Lending Club takes pure online operation mode, Chinese P2P lending platform is with mainly offline and online combined mode, protecting the interests of the lenders by absorbing capital advances, guarantee system, or reserve and so on. P2P industry itself into the rapid growth in China, but the external environment and own construction still need to be improved. Finally, the article further advised on China’s development present situation and reform direction, P2P industry in China in the future needs in the information construction, legal, regulatory and financial sector reform to these three aspects have a qualitative breakthrough, to demonstrate the spirit of the Internet financial.