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Fung Director (Program for Innovation in Entrepreneurial & Social Finance) & Lend Academy Partner on Groundbreaking Research Study

July 22, 2014 by funginstitute Leave a Comment

Taken from Peter Renton, Lend Academy

When I was in London in March I spoke on a panel at the AltFi conference with Richard Swart, a professor at UC Berkeley. He has become one of the leading academics focused on crowdfunding. We have stayed in regular contact since then as Professor Swart has decided to expand his research to include p2p lending.

This is great news for our industry because there has been virtually no research done in this country and there was no academic that wanted to take the lead here. Professor Swart, his team of researchers at UC Berkeley and I have put together a survey that we will be sending to all major platforms in the coming week.

An additional survey will be focused on the self-reported information of small business owners who have taken out loans through online lending platforms. We want to get to the heart of the motivations of business owners to obtain financing and the impact these loans have on their business and the broader community.

Our new industry needs a benchmarking survey so everyone will be able to understand the evolution of online lending and its impact on the financial industry over time.  I am honored to be helping out Professor Swart and his team at Berkeley on this important project.

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