Money · Facts & sources
5 sourced facts about business financing - loans, crowdfunding and startup capital, each with the context behind the number. 4 more are in today's round and appear here after it closes.
Answerover $34 billion
Crowdfunding grew from a niche idea into a mainstream financing tool in just a few years during the 2010s.
Source: Crowdfunding industry data (via Wikipedia) (2015) en.wikipedia.org
Answerover $60,000 per hour
That pace reflected crowdfunding's rapid rise as a mainstream way to finance projects and small businesses.
Source: Crowdfunding industry data (via Wikipedia) (2014) en.wikipedia.org
Answerabout $2.66 billion
North America alone accounted for roughly $1.6 billion of that 2012 total.
Source: Crowdfunding industry data (via Wikipedia) (2012) en.wikipedia.org
Answerabout 1,478
The number of platforms multiplied quickly as crowdfunding expanded beyond a handful of pioneering sites.
Source: Crowdfunding industry data (via Wikipedia) (2021) en.wikipedia.org
Answerabout $5 billion
Peer-to-peer lending let individuals lend directly to borrowers or small businesses online, bypassing traditional banks.
Source: Peer-to-peer lending industry data (via Wikipedia) (2014) en.wikipedia.org