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Business booming for crowdfunding sites, volumes rise 81% globally in 2012

Tuesday, April 9, 2013 | More »

Crowdfunding websites helped companies and individuals worldwide raise $2.7 billion from members of the public in 2012, an 81 per cent increase on the previous year, data showed on Monday. As banks rein in lending due to tougher capital rules and greater regulatory scrutiny, crowdfunding, which orig...