Dev / stage environment

Growth potential

"Ayan Mitra discusses how Crowdfunding is growing up, his expectations and advantages."
  • Written By: Maria
  • Role: Marketing
  • Date: 23rd October 2013
  • Time: 12:06 pm

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Growth potential

Crowdfunding and the prospects for growth in the future

I think that the crowdfunding industry is in its early infancy. However, it has the potential to be a mainstream player within finance.

Most importantly it is demonstrating how scalable and transparent online platforms can play a significant role in general funding across the entire industry: from personal loans to business loans, to equity investments, to getting an idea off the ground.

Crowdfunding enables the end consumer, investor and entrepreneurs to engage in a more scalable, transparent way with the value and rewards being shared fairly between them rather than accruing to the intermediaries.

It enables financial literacy and inclusion and could represent a significant chunk of the money flow in the future.

There is a long way to go and I think, I hope, we will move away from crowdfunding being an alternative investment option to becoming a mainstream choice which is always considered on its merit alongside more traditional forms of funding.