The first few weeks of 2016 have seen several pieces of bad press for the crowdfunding industry. We saw some scathing commentary from Lord Turner. Early stage companies go bust every day and they will continue to do so. So only a few years after springing into life are we about to see the crowdfunding industry slowly die?
It is no secret that as a society, we are quickly losing faith in the banking system. As technology continues to grow, there is a fast approaching sub-sector in alternative finance that could provide us with a solution. Crowdfunding platforms have completely transformed how we approach business through the medium of new technology. The good news doesn’t stop there.