According to the latest report from Crowdfunding figures.nl, a huge €424 million was raised in the Netherlands through crowdfunding. Last year, more than 13,000 projects and businesses were successfully financed for the very first time in a year. The report claimed an increase of 29% compared to €329 million in 2018.
What is a crowdfunding platform?
Crowdfunding is a method of raising capital from a large number of individuals to finance a new venture. This method of collecting funds taps into the collaborative efforts of a large pool of individuals through a dedicated crowdfunding platform, and social media.