Crowdfunding is an alternative finance for businesses, which has emerged outside of the traditional financial system. Entrepreneurs, new projects or even existing businesses raise monetary contributions from a large number of people via popular platforms like Kickstarter or Indiegogo. In 2013, the crowdfunding industry raised over $5.1 billion worldwide.
Typically, those seeking funds will set up a profile of their project on a website such as those run by our members. They can then use social media and networks of friends, family and work aquaintances, to raise money. Crowdfunding has quickly moved from trendy buzzword to a mainstream fundraising model.
These are 13 of the biggest crowdfunding campaigns of 2015, designed by Choice Loans, specialists in alternate finance.
