crowdfund

(redirected from crowd funds)

crowdfund

To raise money for something, such as a project or cause, by soliciting donations from a large network of people, often via social media. If the studio won't finance our movie, then we'll have to turn to crowdfunding. I'm crowdfunding to raise money for a local family whose house burned down.
References in periodicals archive ?
If we take the statistics - average crowd funds raised in the UK have increased by 47% in the first half of 2015 and the UK is the centre of crowd funding globally.
In the FSA's information for consumers the authority said investors who incur a loss by investing in crowd funds would not have access to the Financial Ombudsman Service (FOS) or the Financial Services Compensation Scheme (FSCS) as 'almost all' crowd funds are unauthorised.
The FSA also highlighted additional risks involved in putting money into crowd funds.
The FSA stated : 'There is no guarantee investors will receive a return on funds contributed to a crowd fund. In fact, investors could lose all of their money, as the majority of start-up businesses fail.