Crowdfunding Records and Milestones and Crowdfunding for Charities – BFB Epsd 125
We start off this Bulletin with a look at a record-breaking crowdfunding equity campaign via Crowdcube for children’s pre-paid debit card provider, Go Henry. The amount raised, which was twice the sum originally planned for, has sparked a debate about the maximum amounts which can be raised via crowdfunding platforms.
Turning to debt crowdfunding, we have news from South West based lender, Folk2Folk, which has passed a new milestone in terms of money lent.
New research from NESTA, the innovation foundation, reveals that unlike businesses, the charitable sector is not taking full advantages of the benefits which come from raising money via crowdfunding. We look at what the barriers and benefits are of using this form of fundraising.
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