Company · UN · 6 documents
The study analyzed a public historical Kickstarter dataset comprising more than 300,000 projects to develop ex ante predictive models for crowdfunding success.
Startups face a structural financing gap that traditional intermediaries are poorly equipped to address, which crowdfunding helps alleviate across 4 primary models.
Alternative online lenders can offer fast business financing but charge high interest rates ranging from 18–40% per year.
The global crowdfunding market reached $20.46 billion in 2025, with overall platform success rates ranging between 22-24%.
In 2025, the global volume of crowdfunding exceeded $20 billion, driven by donation, reward, equity, and lending platforms.
As of August 2025, the Capital Markets Board of Türkiye has officially licensed 18 equity-based crowdfunding platforms.
