Crowfunding: The collaborative economy for channelling institutional and household savings

• Autores: Jaume Roig Hernando
• Localización: The Spanish Review of Financial Economics, ISSN 2173-1268, Vol. 15, Nº. 1 (January-June 2017), 2017, págs. 12-20
• Idioma: español
• Enlaces
  • Texto completo
• Resumen

  • The financial disintermediation mechanism known as “loan-based-crowdfunding” has recently come under regulation in several countries. This competitive investment and finance vehicle is already well established in the US and British markets.

    By compiling empirical data from a reference crowdfunding platform, this article compares loan-based crowdfunding with traditional investment vehicles such as investment funds, equities or pension funds.

    The conclusion of the study is that saving through crowdfunding allows the optimisation of a portfolio comprising both institutional and retail investors.