The Truth About Crowdfunding
Benita Matofska is the Founder and CEO of Compare and Share and a global expert on the Sharing Economy.
Compare and Share is currently raising its second round of funding on Crowdcube. www.compareandshare.com
Crowdfunding… it’s the buzz word of the moment; a new, disruptive sector that’s fast becoming mainstream, now valued at over £3 billion worldwide. The sector boasts growth rates of 557% since 2010, and according to Google, 2014 saw 21-times more searches performed than in 2013. This year is set to be even bigger, with a predicted valuation of £4.4 billion in the UK alone by the end of 2015.
But what exactly is this new trend that’s shaking up the finance business and voluntary sectors and impacting the economy at large?