Silvio Vismara

Interdisciplinary seminars
finance seminar

Silvio Vismara

University of Bergamo
Financial literacy and security-based crowdfunding
Joint with
M. Meoli, A. Rossi
Tuesday, February 16 2021| 2:30pm

Eric Girardin: eric.girardin[at]
Christelle Lecourt: christelle.lecourt[at]


This study investigates the relationship between financial literacy and the survival profile of the security-based crowdfunding platforms. Security-based crowdfunding has recently emerged as a novel market that allows small investors to engage directly in financing entrepreneurial ventures. However, a certain level of financial literacy is required to understand and manage these digital finance tools. A better understanding of the impact of financial literacy is, therefore, central to the development of these markets and the achievement of their inclusive potential.

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