What you need to raise money on crowdfunding platforms

Crowdfunding

Investment-based crowdfunding has been a growing alternative instrument to raise capital. PHOTO | FILE

The Capital Markets Authority recently gazetted new regulations, The Capital Markets Investment Based (Crowd Funding Regulations 2022) to allow for crowdfunding. Crowdfunding is part of the innovative ways a business can raise funds.

Crowdfunding is a type of funding where through the internet, a large number of people contribute a small amount of money towards a project, a cause, or even a business.

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Note: The results are not exact but very close to the actual.