Using earthquakes as exogenous demand shocks to the credit market, we explore whether fintech lending can complement traditional banks in face of surged credit demand under a continuous difference-in-differences framework. We find that fintech loans increases significantly after earthquakes,...

Using earthquakes as exogenous demand shocks to the credit market, we find that fintech lending complements traditional banks in meeting surged demand under a continuous difference-in-differences framework. We show that fintech loans increase significantly after earthquakes, but the acceptance...