Funding and investment models are growing

While the new generation financial resources generated by the digital age are on the rise on a global basis, crowdfunding continued to rise in 2020 with the effect of the pandemic. Fonbulucu.com, which has been conducting award/donation based crowdfunding activities since 2016 with more than 24 thousand members, evaluated the funding activities carried out on its digital platform. Accordingly, digital funding interactions doubled in 2020 compared to the previous year. In Reward, the award/donation based crowdfunding platform of fonbulucu.com, the amount of funds requested was 100,051,013 TL in 2019, while this number increased to 108,628,875 TL in 2020. The amount of funds collected on the platform was measured as 1.355.342 TL in 2019 and 2.784.594 TL in 2020. With the addition of the Share Based Crowdfunding System to digital funds in the first quarter of 2021, entrepreneurs and investors will be able to come together with a larger volume. The Share Based Crowdfunding system, which will be realized in the form of collecting financing by selling the shares of entrepreneurs to investors, has not started working and the funding requests to fonbulucu.com reached 200 million in 2020. While 1,905 new entrepreneur/startup companies and 532 new investors registered to the system, 1,500 campaign requests were created. these initiatives will be published after the SPK licensing and Turkey will meet a whole new model of funding and investment.