SKEMA RESEARCHFintech expertise

 

Overview - Fintech

SKEMA Fintech Initiative:


The recent technological developments have led to a series of transformative innovations in the area of financial services. This digitalization of financial services entails both risk and opportunities, not only for the financial sector but also for the society as whole. To better understand the impact and reach of this digital transformation, SKEMA Business School created the Fintech Initiative. This group is led by Armin Schwienbacher and concentrates its focus on three distinct areas:
  • New financing methods for startups
Technology is transforming the way entrepreneurial startups get financed. These trends include the emergence of crowdfunding and initial coin offerings (ICOs) as new disintermediated sources of entrepreneurial finance.
  • Blockchain technology
The blockchain technology constitutes the foundation for a whole new chapter of financial services. The distributed nature of the underlying technology provides new answer to trust in a decentralized world and simultaneously raises a series of new challenges regarding regulation, financial stability, anonymity, and security.
  • Entrepreneurial opportunities
The digital transformation also sparks the emergence of new industrial platforms and digital infrastructures which use alternative data and improved methods (e.g., AI, machine learning) to exploit new business opportunities in the finance landscape.

SKEMA’s Fintech initiative investigates this new frontier between the fields of technology and financial services, including how digital transformation affects the stability of financial markets, creates and enables entrepreneurial initiatives, all of which requires new responses from regulators to protect investors and market participants. 

Research Group:


Fabio BERTONI, Professor of Finance, SKEMA Business School
Fabio Bertoni is professor of finance at SKEMA Business School since 2020. He previously worked at the emlyon business school (France) and Politecnico di Milano (Italy). He obtained his PhD in 2004 at Politecnico di Milano (Italy) on ownership structure and management compensation. He has been a visiting scholar at University of Oxford in 2003. In the last few years Fabio has focused his research mostly on the financing of startups, including initial public offerings (IPOs), venture capital (VC) and guaranteed loans. His research has been published in both finance and management journals. 

Bastien BUCHWALTER, Assistant Professor of Finance, SKEMA Business School
Bastien is an assistant professor of Finance at SKEMA Business School in Paris, France. He holds a PhD from ESSEC Business School (2020) on the economic value of volatility in traditional and crypto-asset markets. His research focuses on the emerging field of blockchain technology and crypto-assets. His work investigates three distinct areas: financial stability implications of crypto-assets, the decentralization of blockchain mining pools, and the link between technological characteristic and volatility behavior of crypto-assets.

Engin IYIDOGAN, Assistant Professor of Finance, SKEMA Business School
Engin Iyidogan is an Assistant Professor in Finance at SKEMA Business School since 2019. Engin’s research interests include cryptocurrency markets, decentralized finance, and topics in the intersection of risk and FinTech. 
Engin holds MA in Economics from Koc University and a PhD in Finance from Imperial College London. Previously, he worked as visiting researcher at CERN.

Armin SCHWIENBACHER, Professor of Finance, SKEMA Business School
Armin Schwienbacher is a permanent professor of finance at SKEMA Business School since 2010. He previously worked at the Université de Lille (France), Louvain School of Management (Université catholique de Louvain, Belgium) and Universiteit van Amsterdam (the Netherlands), and as guest lecturer at Duisenberg School of Finance (the Netherlands), Rotterdam School of Management (the Netherlands) and the European School of Management and Technology (Germany). He obtained his PhD in 2003 at the University of Namur (Belgium) on exit strategies of venture capital funds. He was a visiting scholar at the Haas School of Business (UC Berkeley, USA) in 2001-2002 and visiting professor at Schulich School of Business (York University, Canada) in 2014-2015. Armin is specialized in the economic and regulatory areas of crowdfunding and venture capital finance. His work has been published in several international academic journals. He is currently Director of the Research Center FAIRR in finance and accounting at SKEMA.