finance more traditional products where they compete against other sellers of similar products. Major crowdfunding platforms …Crowdfunding has mostly been used to finance very unique projects. Recently, however, companies have begun using it to … where two competing firms can use crowdfunding prior to direct sales. The model provides several implications that have not …

Background: Prosocial crowdfunding helps the underprivileged obtain non-profit seeking loans from multitudinous lenders …. Some platforms introduce team competition to motivate member participation and may thus induce team rivalry. Methods: We … crowdfunding and competition-based motivation mechanisms in general. …

, we show that fintech loans to entrepreneurs are more likely to be unsecured and short-term while bank loans are expected … to be asset-backed and long-term. The findings suggest that fintech lenders substitute data for collateral to leverage …