The Philippines takes to crowdfunding

By Crowdfund Vibe staff writers

Crowdfunding as a practice has been around for hundreds, if not thousands of years, taking place in small communities or through churches and other organizations. More recently, it has become popular on the internet for any number of projects, from obtaining money for independent films to charities looking to raise money to help people and animals.

Crowdfunding in the Philippines has become a very popular and unique way to draw attention to both humanitarian concerns, as well as a way of shedding light on some very talented people and business ventures. Websites like the Social Project and The Spark Project are getting the word out about some fantastic humanitarian and local business projects that are greatly benefitting the country. And internet crowdfunding allows for individuals to raise the money needed to meet these goals.

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FundedByMe launches in Singapore at SGX event

11 Nov 2014: Fast growing Swedish crowdfunding platform FundedByMe launched its Singapore operation at a conference in the Singapore Exchange yesterday. The well-attended event covered crowd-investing in Europe and the challenges in applying it to Asia. Of particular interest to many delegates was the session on crowdfunding success stories from companies in both Asia & Europe, which featured Evan Foo, CEO of Dream Audio, makers of leading edge sound speakers.