The European and American crowdfunding markets are flourishing, but it has taken longer for the Asian market to catch up. Researchers at University of California, Berkeley, Haas School of Business believe that the Chinese crowdfunding market can be worth up to 48 billion USD
alone in 5 years if regulations regarding equity crowdfunding will become more lax.
One of the problems hindering the growth is that the knowledge and therefore the demand for crowdfunding services aren’t big enough. Many entrepreneurial centras such as Indonesia and Japan would benefit from letting innovation spread. On the other hand, Singapore is one of the countries who has picked up the trend and been successful. At the moment there are a few Crowdfunding sites such as Capital Match and MoolahSense that help finding investments to businesses in Singapore. When seeking money from financial institutions in Singapore, up to 80-90 percent of small business loans from banks are not approved – which tells us something
about the market potential.
About the author - Cecilia Lundborg
Cecilia Lundborg is graduate student in Business Economics from Lund University, Sweden and has also studied International Business, Economics and Finance at the University of California, Los Angeles. Cecilia has a keen interest in international business and the online investment market. She is a currently working as a Trainee at Crowd Valley, doing research in the online investment market, writing reports to clients and is a writer for the Crowd Valley blog. Cecilia is passionate about the digital investment market and its global development.