01967cas a2200253 a 4500 AALejournalIMF021159 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513552477 1018-5941 BD-DhAAL BD-DhAAL Bazarbash, Majid. Filling the Gap : Digital Credit and Financial Inclusion / Majid Bazarbash, Kimberly Beaton. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (30 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Can fintech credit fill the credit gap in the consumer and business segments? There are few cross-country studies that explore this question. Focusing on marketplace lending, an important part of fintech credit, we use data for 109 countries from 2015 to 2017 to study the relationship between fintech credit to businesses and consumers and various aspects of financial development. Marketplace lending to consumers grows in countries where financial depth declines highlighting the role of fintech credit in filling the credit gap by traditional lenders. This result is particularly strong in low-income countries. In the business segment, marketplace lending expands where financial efficiency declines. Our findings show that low-income countries take advantage of the fintech credit opportunity in the consumer segment but face important challenges in the business segment. Mode of access: Internet Beaton, Kimberly. IMF Working Papers; Working Paper ; No. 2020/150 Full text available on IMF http://elibrary.imf.org/view/journals/001/2020/150/001.2020.issue-150-en.xml IMF e-Library