Crowd funding may seem to many people like a relatively new phenomena, but it’s roots go way back to the 1700’s and the Irish Loan Fund. Modern-day crowdfunding, as we all know it, has its origins in the late 90’s.
Crowdfunding is a way for businesses to raise money online from a large group of people – usually members of the public, rather than from just a few investors.
The popularity of this form of funding has seen the market grow at an alarming rate, which is now predicted to grow by $196 globally by 2025.
Crowdfunding is a popular way for a professional with a business start-up idea to raise funds to get their dream business off the ground.
Before you venture into any form of funding, it is important to seek advice from a finance professional.