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In recent years, pooling money to fund an individual project/business has gained tremendous popularity. Crowdfunding is one of the fastest growing ways to find investors.
Crowdfunding can be used for a variety of purposes – a means of getting quick cash as realised by a young Australian woman who crowdfunded for her $363 Uber ride after she woke from a night out and realised she wouldn’t be able to afford it; and for legitimate business purposes – as a means of raising funds for investments in a company or a project.
The ‘Crowd Funding Licence’ is a new license implemented by the ... (read more)