Growth of Crowdfunding in 2015

Growth of Crowdfunding in 2015

In the recent years, the use of online fundraising platforms for business startups has brought in a wealth of opportunities for those with money to invest and also for those seeking funds. Also, this has provided a greater opportunity for those seeking funds, and for the crowdfunding platforms facilitating their connection. The last three years has witnessed a large number of platforms entering the market and increasing numbers of businesses seeking opportunities in this sector.

Globally, it has been realized that Crowdfunding has the potential to spur businesses because of its ability to expand the pool of investors from whom funds can be raised. Businesses no longer need to depend on owners, relatives or venture capitalist for growth. Recent reports have shown that this industry has posted an average annual growth of more than 100% in the past three years. Also, these reports reveal that the global market economies are working in favor of this industry.

It is worth to note that crowdfunding is growing at a very high rate such that it is impacting on government policies. The majority of the governments realize the huge potential of this industry in the economy and thus creating a conducive environment for the industry to thrive. Consequently, crowdfunding has encouraged enterprise innovation, and has changed the traditional roles of financial institutions such as banks across the globe.

Data from Massolution, a research firm, reveal that crowdfunding platforms raised $16.2 billion in 2014, as compared to $6.1 billion raised in 2013. In its 2015 industry report, Massolution reveals that the strong growth in 2014 was as a result of Asia’s emergence as a crowdfunding region. In this year, Asia raised $3.4 billion as compared to Europe’s $ 3.26 billion. On the same report, North America led the world in crowdfunding volumes by recording a total of $ 9.46 billion raised.


Massolution forecasts further that the exponential growth in Asia will increase tremendously in 2015 with the difference between Europe and Asia increasing to over $4 billion. In this regard, forecasts on worldwide crowdfunding volumes are expected to double in 2015 to reach $34.4 billion. Further, it has been predicted that the rise in the growth in Asia will stem largely from the Chinese market.

Several factors have influenced the fast growth in this industry worldwide. First, crowdfunding platforms have been getting huge support from policy makers. In regard to this, there is the availability of direct government finance on several sites. Secondly, increasing diversity is also in favor of crowdfunding. This include, platforms offering equity finance, platforms in the consumer finance market, and platforms offering invoice finance to small and medium enterprises.

Lastly, institutional investment support has had a positive impact on crowdfunding. Different investors ranging from occupational pension schemes to private equity funds are attracted to the income streams generated by the peer to peer lenders. As a result, makes it easy for this group of investors to inject investment capital into this sector. In regards to the above statistics, crowdfunding is poised to continue registering huge growth in the coming years.



Top 5 New York Hospitals

Your health is your greatest wealth, they say. Once a person loses this wealth they start to feel vulnerable and if you are to be admitted to a hospital you may feel fear and become stressed out. In the big city, such as New York, not only it is a challenge to choose the most suitable hospital out of many, but also you will have the best opportunity for getting the best medical care there is. Here are the top five hospitals in New York which will provide you with the proper medical care you need in order to restore your greatest wealth – your health.

1. New York – Presbyterian University Hospital of Columbia and Cornell: New York, NY
Presbyterian University Hospital in New York has been named the No. 1 hospital and medical center in the Big Apple multiple times. It has leading specialist in every field of medicine and it is one of the most comprehensive university hospitals in the world. It is also among the top 10 hospitals in the United States.d8dc

2. NYU Langone Medical Center – New York, NY
NYU Langone Medical Center is affiliated with the New York University and is comprised of three hospitals: Tisch Hospital, the Rusk Institute of Rehabilitation Medicine and the Hospital for Joint Diseases. NYU Langone Medical Center has the most prestigious training program for dermatologist and the top dermatology institute in the United States. It also treats a range of medical conditions and is constantly ranked among nation’s top hospitals.

3. Hackensack University Medical Center – Hackensack, NJ
Hackensack University Medical Center has fourteen specialized divisions and Radiation Oncology experts. It is a non-profit, research hospital with capacity of 900 beds. Conveniently it is located only 7 miles from New York City, in Hackensack, New Jersey. Based on its admissions it is the fourth largest hospital in the nation.

4. Mount Sinai Medical Center – New York, NY
Founded in 1852 Mount Sinai Hospital is one of the largest and oldest teaching hospitals in the United States. Mount Sinai is often ranked one of America’s best hospitals and its level of expertise is on the highest level in the world. Mount Sinai is specialized in various areas and has some of famous and noted patients on its list. Mount Sinai Medical Center is also a teaching hospital.


5. Memorial Sloan – Kettering Cancer Center – New York, NY
Founded in the distant 1884 Memorial Sloan – Kettering Cancer Center is a cancer treatment and research institution. In 2014 it has been ranked the number one hospital for cancer treatment in the United States by the U.S. News & World Report. It is composed of two institutions which work as a whole. One being Memorial Hospital for Cancer and Allied Diseases which provides for patient care and the other being Sloan Kettering Institute which focuses on the basic-science cancer research.