Female borrowers have become an active group in China’s P2P online lending market. Taking real transaction data of PPDai.com as a research sample and making use of the Probit model

this study conducts an empirical analysis of the gender differences of borrowers in the P2P online lending market

exploring the positive role that female borrowers play in the market. The research results show that female borrowers have a lower default risk and a higher success rate in borrowing; "poor" (low credit) male borrowers have a lower success rate of borrowing and are driven out of the online loan market. Furthermore

after distinguishing the credit rating and the number of certifications

the positive effect of female borrowers is only significant in high-credit borrowing groups

and the gender difference is not significant in different certification number groups. The above conclusion is still valid after the robustness test

indicating that as the proportion of female borrowers increases in the online lending market

the market default risk will be significantly reduced. The participation of female borrowers has a positive effect on curbing default behavior in the online lending market.