Internet finance a boon for small businesses
As Internet technologies develop, more online businesses are trying to enter the financial world, offering services such as peer-to-peer lending, crowd-funding, microfinance, and wealth management for small and micro- businesses.
Yet to shake the traditional banking system, Internet finance is available and helpful to customers that traditional finance missed. Although opinions are divided on whether the sector is a blessing or a curse, it's safe to say that Internet finance somehow encourages people to start a business from scratch, or mass entrepreneurship.
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A visitor walks past a booth at an Internet finance expo held in Hangzhou, Zhejiang province, Nov 20, 2015. [Photo / IC] |
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