The University of Utah’s new Stena Center for Financial Technology announced a partnership with LoanPro, a modern loan servicing platform.
LoanPro will provide a $300,000 gift and access to their industry-leading lending technology platform to give students and faculty an environment where they can learn, build, iterate and test.
“This is an exciting new partnership with a leader in the fintech industry that will help us accelerate and incubate advances that will continue to strengthen Utah’s reputation as a leader in fintech while also providing hands-on experience for students,” said Taylor Randall, president of the University of Utah.
Funding from LoanPro will be used for student scholarships, to support faculty research and to help support the center’s mission.
LoanPro’s platform can be leveraged across campus by many disciplines. Students and faculty could use the platform to test coding knowledge and principles, learn more about the product development life cycle or perform market or product analysis.
“As a University of Utah alum, I am proud to be partnering with the Stena Center and offering greater opportunities to students. We’re excited to support students who are passionate about solving real-world problems and creating technology that will benefit both individuals and organizations,” said Rhett Roberts, CEO of LoanPro.
Roberts graduated from the David Eccles School of Business in 2006 with a bachelor’s degree in finance. As a serial entrepreneur himself, he’s looking forward to growing and supporting the next generation of business leaders.
Learn more about the partnership here.