2,876 crowdsourcing and crowdfunding sites
Crowdfunding and peer-to-peer lending companies are generating a lot of excitement — for proof, look no further than Lending Club’s recent IPO. And if KPMG’s inaugural report on the top 50 fintech innovators is any indication, the buzz around crowdfinance is not just hot air. Read on to find out which crowdfunding and peer-to-peer lending companies made the cut!
With thousands of crowdfunding platforms having launched in the past several years, and new ones popping up on a weekly basis, it’s increasingly difficult for new platforms to stand out. But Funderbuilt, which opened to the public this summer, has managed to do just that with its low fee structure and a process that guides project owners on how to create campaigns that have the best chance at reaching their goal. Read all about it, after the jump.
Silk, a company that enables users to visualize data using interactive charts and maps, recently published a page highlighting the technology projects that were successfully funded on Kickstarter in the first 11 months of 2014. It’s an interesting look back at the year for some of Kickstarter’s biggest projects, including the Pono music player, which went on to raise millions more on Crowdfunder, and LeVar Burton’s Reading Rainbow.
Indiegogo, one of the leading crowdfunding platforms around, announced today the launch of Indiegogo Life, a program that cuts fees on personal crowdfunding campaigns. Though Indiegogo is dropping its fees, there will still be payment processing fees of three percent that users will need to account for. Typically, the platform charges four percent on all successful campaigns, and nine percent on flexible funding ones that don’t meet their goals.
NASA is typically known for its exploits in space — it is the aeronautics and space agency, after all. But for its latest initiative, it’s looking much closer to home, and it’s asking the crowd for help.
Crowdlending has been a hot topic for some time now, but it is especially so with LendingClub's IPO taking place in mere hours. It's an important event for the crowdlending industry, as it validates the business model and the crowdlenders' claims that their platforms are truly disrupting the way individuals and businesses receive loans. Why are individuals and businesses are turning to the crowd? We share an infographic by InvestNextDoor.
LendingClub, one of the learning crowdlending platforms around, is going public this Thursday. Joseph Hogue of Peer Loans Online recently put together the following infographic, showing some of the numbers around LendingClub, and how much he believes the company is worth. Check it out after the jump.
Crowdfunding is usually thought of as a way for individuals to raise money for their projects, or for entrepreneurs to raise cash for their startups. Increasingly, however, established brands are making use of crowdfunding processes for market testing and validation. The latest example in this trend went live today, as the fitness bag company Fitmark launched ‘The Playing Field,’ a crowdfunding platform that allows users to pre-order bags before they go into production.
The workers on Amazon Mechanical Turk vary in experience and in skill, but they are typically perceived simply as cogs in the machine, helping companies complete menial tasks quickly and at scale. That’s a perception the Turkers dislike, and now, they’re hoping to change it.
Kimbia, the online fundraising company that hosted Giving Local America, a one-day crowdfunding event, recently released an infographic showing some of the numbers around its event. The event, which raised more than $53 million from over 300,000 donors for 7,700 non-profits, took place in May. The largest single online donation, Kimbia says, was $50,000, while average donation amount was $113.
Today, the city’s mayor Boris Johnson took a big step toward establishing London as a tech hub by announcing that it’s funneling £25 million (roughly $40 million) to startups via the London Co-Investment Fund (LCIF). The fund isn’t going it alone: the mayor also specified six private-sector partners that will help the fund find worthwhile startups and co-invest alongside the LCIF. The list includes two VCs, three angel investor syndicates, and the crowdfunding platform Crowdcube.
TryMyUI is hosting a free webinar next week to help viewers understand how an online community of individuals can help websites ensure their site is sending the right message to the users. From the webinar description: “Learn how to get a complete, prioritized outline of problem spots and action items for your website - without spending hours watching user tests.”
Indiegogo, the crowdfunding platform for nearly anything, launched an ‘Optional Insurance’ perk for one of its campaigns, in a move that can significantly reduce backer concern about creators not delivering on their crowdfunding promises. The feature is currently being trialed on the campaign for Olive, a wearable device for stress management.
Springleap, a crowdsourced design company from Cape Town, announced yesterday that it’s expanding across Africa and into the Middle East. The announcement comes only weeks after the company raised $400,000 from South African and UK investors.
The partnership will see Kia match contributions “for each donation to eligible DonorsChoose.org projects.” It’s the third time the two are pairing up, with the last two years’ campaigns raising over $5 million combined. This year, there are over 1500 projects looking for funding, many needing less than $100 in order to reach their goals.
The sharing economy is rapidly developing into a powerful industry. It’s disruptive and, depending on your stance, it represents either an opportunity for individuals to earn extra cash and save money, or a shady business practice that allows crooks to evade taxes and puts people at risk. In the UK, encouragingly, both sharing economy operators and government officials recognize that there’s a need for regulation around the fledgling and highly disruptive industry.
In 1995, Microsoft’s then-CTO Nathan Myhrvold asserted that the internet would make the middle man redundant. Myhrvold was ahead of his time, but whether it is travel agents or taxi companies, it is happening today. Crowdfunding, likewise, has the potential to disrupt countless industries.
The company Love Home Swap, a UK-based startup that allows its users to swap houses or rent them out to travelers, recently put out an interactive map that shows where the sharing economy startups have been founded.
Tomorrow, October 30, NineSigma will be hosting a webinar about what projects are best (and worst) suited for open innovation contests. NineSigma’s director of healthcare program management Stephen Clulow will be joined by Miles Eddowes, head of the Innovation Accelerators Department at Mondelez International, a confectionery and snacks conglomerate that spun off from Kraft Foods in 2012. UPDATE: Check out the video of the webinar after the jump!
When people think of crowdsourcing, they typically think of interactions that are happening online. Put up a logo request or an appeal for money, and someone, somewhere, will draft up a design or contribute cash. They may be in a neighboring town, or a metropolis half way across the world — the location doesn’t matter. But there are some companies that are applying the crowdsourcing model to do offline work. One of these companies is Oklahoma City-based WeGoLook.