We study the impact fintech startups have on the performance and the default risk of traditional financial institutions …. We find a positive relationship between fintech startup formations and incumbent institutions' performance for the period … fintech startup formations and the default risk of traditional financial institutions. Fintech startup formations decreases …

that fintech credit tends to improve bank stability. This suggests that as fintech credit grows, it certainly competes with … found that the impact of fintech credit on bank stability may depend on credit information sharing. Specifically, the … presence of credit information sharing institutions may facilitate the positive effect of fintech credit on bank stability …