Interesting Reads – 9 May 2016

FinTech

P2P Lending volumes for April 2016. Lendinvest stands out while most others are struggling as institutional participants pull out.

“Internet Finance” in China. Key takeaways:

1. China is the biggest market in the world for online lending.
2. Most Banks are state owned and don’t offer many retail or SME products. Companies with 10,000 employees are too small to get credit! This created a lot of opportunity for internet finance businesses. Essentially, 5% of the Black economy moved online.
3. A lot of people don’t have credit scores.
4. Lots of ponzi schemes.

Design

How fast should UI animations be?

Story of a startup designing for Apple Store.

Wish Mumbai borrowed such ideas that reduce our traffic menace.