Catarse, Queremos!, Vakinha, Kickante, Startando, Juntos com Vc (Garupa), Bicharia, Social Beers, IdeaMe, Impulso, Salve Esporte, Sibite, Broota and EuSócio are but a few of the crowdfunding platforms currently operating in Brazil according to the Brazil Crowd Funding Association. Brazil seems so perfect for equity crowdfunding one would think the whole phenomenon was custom created for Brazil.
This all adds up to the perfect storm for crowdfunding to explode in a country where the employment engine is starving for efficiencies and most of all, access to capital. Brazil today is a combination of a very large SME market with a growing entrepreneurial population that is better educated and willing to take risks looking for greater rewards. A global and interconnected population with a rapid adoption of technology.
And access to capital isn’t the only factor driving the growth of Brazil’s crowdfunding ecosystem. Many—particularly the nation’s youth—are turning to crowdfunding as a means to express their views on social and political issues. Meanwhile, Brazil’s crowdfunding ecosystem is already healthy and growing. The World Bank report noted that South America’s largest economy now has 17 crowdfunding platforms, including Catarse. The site bills itself as the “biggest crowdfunding community in Brazil”.
iCrowdNewswire, the leading crowdfunding press release, content marketing and social media services newswire announced an expansion into the Brazil market today. (More…)