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Crowdfunding is a new type of funding in which many smaller monetary amounts are collected from Internet users over social networks, platforms, blogs, etc. in order to finance projects. To do so, the capital needed for the project is defined and uploaded for crowdfunding. Capital is then collected over a certain period in order to subsequently implement the project if the targeted amount has been reached.

Term-Nr.: 227

German: Crowdfunding (225)

Source: Fintech-Hub m. e. E., 29.05.2019

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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