Suss it out before you go with the crowdfunding

Platform may allow investors to diversify with smaller sums in play but learn the risks involved

Mr Eddie Lee, group chief executive of crowdfunding platform SeedIn Technology, says it is important for investors to research the background of crowdfunding platforms, start small and diversify the investment.
Mr Eddie Lee, group chief executive of crowdfunding platform SeedIn Technology, says it is important for investors to research the background of crowdfunding platforms, start small and diversify the investment.PHOTO: SEEDIN TECHNOLOGY
SME digital financing platform Funding Societies co-founder Kelvin Teo says lending-based crowdfunding is among the easiest ways for someone to start and learn about this form of investing.
SME digital financing platform Funding Societies co-founder Kelvin Teo says lending-based crowdfunding is among the easiest ways for someone to start and learn about this form of investing.PHOTO: FUNDING SOCIETIES

Crowdfunding is not only an alternative source of financing for businesses and other enterprises but it also presents good opportunities for investors willing to try something new.

For those who may have missed this corner of the digital revolution, crowdfunding is an avenue for raising finance from a large number of individuals through an online platform.

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A version of this article appeared in the print edition of The Sunday Times on October 07, 2018, with the headline 'Suss it out before you go with the crowdfunding'. Subscribe