Gestão de risco de crédito em plataformas de crowdfunding

Abstract

The present study, conducted as part of an internship at Flexdeal SIMFE, aims to propose a credit risk management model for company x, a fictitious name given to a Portuguese crowdfunding platform focused on financing SMEs. The research involves the application and analysis of the Altman Z-Score model, followed by the development and evaluation of three alternative credit risk management models. By comparing the results obtained from each model, the study identifies the most suitable approach for the company’s context. The analysis is based on company x’s client portfolio for the period from 2015 to 2024, with all models being tested on this dataset. The main conclusion highlights the importance of incorporating not only financial indicators into credit risk management models.

Date of Award	11 Dec 2025
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Joana Cardoso Fontes (Supervisor)