Some "$5.1 billion has been raised with crowdfunding so far in 2014," according to the following infographic by BusinessProfiles.

What will the future of crowdfunding look like, though?

"Equity crowdfunding" will increase, because the JOBS (Jumpstart Our Business Startups) Act lifted the ban on securities crowfunding for startups.

"Companies can now raise up to $1 million a year through crowdfunding without going through the process of registering the securities through the SEC," states BusinessProfiles.

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ABOUT THE AUTHOR
image of Verónica Jarski

Veronica Jarski is the Opinions editor and a senior writer at MarketingProfs. She can be reached at veronicaj@marketingprofs.com.

Twitter: @Veronica_Jarski