FTC examines crowdfunding
Crowdfunding is the use of online platforms to fund a project or cause by raising money from a large number of people.
As part of its FinTech series, the FTC will take a closer look at crowdfunding during a half-day forum today, October 26. We’re bringing together industry participants, consumer groups, researchers, and government representatives. The forum will examine the various models of crowdfunding, its potential benefits, and possible consumer protection concerns. Our Office of Technology Research and Investigation will give a presentation about crowdfunding campaigns. The event also will feature a panel on peer-to-peer payment systems, which will examine the trends, benefits, and potential issues associated with these popular platforms.
For more information, please visit the workshop webpage. This event will be webcast.
The FinTech Forum series is part of the FTC’s ongoing work to protect consumers taking advantage of new and emerging financial technology. As technological advances expand the ways consumers can store, share, spend, and borrow money, the FTC is working to protect consumers, while encouraging innovation.