Crowdfunding, the method of sourcing funds from large numbers of people, has been growing quickly worldwide in recent years and has the potential to revolutionise the world of finance, creating new opportunities to fund everything from new products and businesses to community projects.
As the market grows, so too does the number of sites (or 'platforms') that facilitate the exchange between the crowd of funders and those seeking finance.
To help you find the platform most suited to your financing needs, the CrowdingIn directory lists information on those platforms currently open to fundraising from individuals and businesses in the UK.
Crowdfunding is a method of getting finance by sourcing small amounts from a relatively large number of people rather than getting large amounts from one or a few. While this is something that has a long history it has become increasingly popular recently in its modern form of online crowdfunding. This allows individuals or organisations to source funds from anyone via a website or crowdfunding ‘platform'.
Crowdfunding platforms host fundraisers' pitches and facilitate the transfer of money directly from the funders to the fundraiser. They usually perform some level of vetting before allowing pitches on the platform and are generally open for anyone to contribute funds. In some cases, especially equity crowdfunding, only certain individuals are allowed to commit capital due to the high risk nature of equity investing in unlisted companies. Fees are charged to either the fundraiser, funder or to both.
The CrowdingIn directory lists live sites that facilitate direct fundraising for projects and businesses (but not individuals) in the UK.
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