By Tadhg Walker
Crowdfunding has moved into the developing world, helping growth and the expansion of new businesses at an ever increasing rate. Technological knowledge and awareness are on the rise, opening up the developing world to new entrepreneurial opportunities. Crowdfunding platforms are beginning to help direct funds to these entrepreneurs to help build valuable infrastructure and stimulate economic growth.
Platforms, such as Homestrings, began as a vehicle to for African diaspora investors to make a difference back home. Eric Guichard, Homestrings CEO, has found strong support for Homestrings from diaspora and non-diaspora investors alike, due to what he calls a paradigm shift. Homestrings provides opportunities previously only available to institutional investors, offering projects, funds, bonds or public-private partnerships, for regions investors have come from, or care deeply about.