Five reasons why companies would choose crowdfunding

Five reasons why companies would choose crowdfunding

UAE-based Udrive has opening up to invite investment from the general public as part of its Series A funding drive.

The world may in the middle of an economic crisis inspired by the seemingly never-ending coronavirus pandemic, but there are still investment opportunities to be had.

Gold has been lucrative for many years, while money continues to pour into stocks, bonds and even art and classic cars.

Another investment opportunity becoming incredibly popular is crowdfunding – where a business asks a large number of people each for an amount of money. With the power of the internet the potential reach is huge.

In return for an investment, an investors can receive a range of benefits, sometimes in the form of a director financial return or other gains.

But why is it becoming so popular?

Affordability

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