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Classification of Crowdfunding in the Financial System

  • Loriana Pelizzon
  • Max RiedelEmail author
  • Paolo Tasca
Chapter
Part of the New Economic Windows book series (NEW)

Abstract

The emergence of crowdfunding has attracted attention from borrowers, investors, banks and regulators alike. This chapter reviews its historical development, distinguishes between different business models, and discusses its disruptive potential and future growth prospects. Focusing mainly on lending- and equitybased crowdfunding, it further presents insights related to participants’ behavior on crowdfunding platforms and regulatory advancements in different countries.

Keywords

Crowdfunding regulation Equity-based crowdfunding Peer-to-peer lending 

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Copyright information

© Springer International Publishing Switzerland 2016

Authors and Affiliations

  1. 1.Research Center SAFEJohann Wolfgang Goethe-UniversityFrankfurt am MainGermany
  2. 2.Centre for Blockchain TechnologiesUniversity College LondonLondonUK

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