crowd-funding

GoFundMe is a crowdfunding platform where people post requests for money for a variety of reasons. It's not Kickstarter which has a specific business model and relates solely to businesses wanting a little bit of help with the development of a product. Some of the things that appear on GoFundMe are brilliant. Some are, well, not. Here are some of the nots.

The Australian Securities and Investments Commission (ASIC) has licensed the first crowd-sourced funding (CSF) intermediaries under the new CSF regime.