Summary statistics of variables implemented in Model 1 (cross-sectional sample of 124 FinTechs)
| Binary and discrete variables | |||||
|---|---|---|---|---|---|
| Mean | Median | Standard deviation | Minimum | Maximum | |
| Google_PageRank | 2.758 | 3 | 1.212 | 0 | 7 |
| Equity_Agr | 0.226 | 0 | 0.42 | 0 | 1 |
| Partner_Agr | 0.298 | 0 | 0.459 | 0 | 1 |
| Blog | 0.436 | 0 | 0.498 | 0 | 1 |
| Social | 0.734 | 1 | 0.444 | 0 | 1 |
| Age | 5 | 5 | 2.922 | 1 | 20 |
| Binary and discrete variables | |||||
|---|---|---|---|---|---|
| Mean | Median | Standard deviation | Minimum | Maximum | |
| Google_PageRank | 2.758 | 3 | 1.212 | 0 | 7 |
| Equity_Agr | 0.226 | 0 | 0.42 | 0 | 1 |
| Partner_Agr | 0.298 | 0 | 0.459 | 0 | 1 |
| Blog | 0.436 | 0 | 0.498 | 0 | 1 |
| Social | 0.734 | 1 | 0.444 | 0 | 1 |
| Age | 5 | 5 | 2.922 | 1 | 20 |
| Categorical variables (% of cases in the sample) | |
|---|---|
| Customers | Business 33.1%, Consumer 20.2%, All 46.7% |
| Products | Payments 13.7%, Financing 48.4%, Investments 27.4%, Insurance 6.5%, Diversified 4% |
| Categorical variables (% of cases in the sample) | |
|---|---|
| Customers | Business 33.1%, Consumer 20.2%, All 46.7% |
| Products | Payments 13.7%, Financing 48.4%, Investments 27.4%, Insurance 6.5%, Diversified 4% |
Source(s): Table was created by the authors
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