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Does information seeking moderate the relationship between financial loan inclusion and Fintech P2P lending?

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Abstract

This research aims to investigate the moderating effect of information-seeking on the positive relationship between loan inclusion and Fintech P2P lending. It exploits how information-seeking plays an important role in the Fintech P2P loan decision. Unlike previous studies, we use primary data from 281 Fintech P2P borrowers to test the hypotheses. We use robust OLS regression and two-stage least square to estimate our model, and reveal three essential findings. First, loan inclusive (the individuals with traditional loan access) has lower Fintech P2P credit than the loan exclusive (those without traditional loan access). Second, information-seeking behavior would lower the Fintech P2P credit ratio. Lastly, information-seeking significantly moderates the relationship between loan inclusion and loans from Fintech P2P lending. It implies that those loan-exclusive individuals would have less Fintech P2P credit if they have high information-seeking.

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  1. https://www.ojk.go.id/id/berita-dan-kegiatan/publikasi/Pages/Strategi-Nasional-Literasi-Keuangan-Indonesia-2021-2025.aspx.

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Authors and Affiliations

  1. School of Economics, Finance and Accounting, Coventry University, Coventry, United Kingdom, CV1 5DL

    Rayenda Khresna Brahmana

  2. Faculty of Economics and Business, Universitas Widya Dharma Pontianak, Pontianak, Indonesia

    Maria Kontesa

  3. Faculty of Economics and Business, Universiti Malaysia Sarawak, Kota Samarahan, Malaysia, 94300

    Josephine Tan-Hwang Yau

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  1. Rayenda Khresna Brahmana
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Correspondence to Rayenda Khresna Brahmana.

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Appendix

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Table 7 Variable definition
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Table 8 Goodness of measure (for multiple-item construct)
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Brahmana, R.K., Kontesa, M. & Yau, J.TH. Does information seeking moderate the relationship between financial loan inclusion and Fintech P2P lending?. J Financ Serv Mark 29, 171–185 (2024). https://doi.org/10.1057/s41264-022-00192-7

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