The Crowdfunding Market in New Zealand

You have probably read and heard a lot about crowdfunding. As the name would suggest, with crowdfunding the ‘crowd’ is investing money in a project or object. Since there are no requirements, the investors could be anyone. For example, the person who is seeking funding will present their business idea online and set a target of the amount of money they would like to collect for realizing their idea or model. However, in the modern era crowdfunding is becoming a great phenomenon. It’s easy to find anyone on social media and if they don’t have any social media channels, they are likely to have a smartphone.