Boon for the Base: Crowdfunding for the Base of the Pyramid

According to the Crowdfunding Research Centre, global crowdfunding activity is doubling every 60 days, and represents another potentially significant shift in that way entrepreneurs and start-ups access capital and credit in the developing world. A crowdfunding report speculates that the potential market size for crowdfunding in the emerging markets could reach $96 billion by the year 2025. The continued permeation of internet connectivity in emerging markets paired with further evolution of crowdfunding platforms holds tremendous potential for access to finance for the base of the pyramid.