Crowd-Funding is a process of collecting the funds from various sources i.e, family, friends, Individual investors, etc.
Types of Crowd-Funding:
- Debt crowdfunding: Debt Crowdfunding means founders get the funds from Investors and pay them with interest.
- Donation crowdfunding: Donation crowdfunding means people give their money to producers to make social benefits products or services.
- Equity crowdfunding: Equity crowdfunding means people invest money in the project and some share ownership.
To know More: Advantages of Crowd-Funding