Crowdfunding in Asia May 2018 Introducing the first free directory of crowdfunding platforms across Asia. The data is based on the AlliedCrowds Capital Finder, a database of over 7,000 alternative finance capital providers across emerging markets. Our data has been used by organizations like FSD Asia, UNDP, World Green Economy Organization, GIZ, World Bank, and others in order to provide unique, actionable insights into the world of emerging market alternative finance. This is the latest of our regular reports on alternative finance in emerging markets; you can find all previous reports here. Crowdfunding rose in prominence in the post-financial crisis years (starting in 2012), and for good reason: a global credit crunch limited the amount of funding available to entrepreneurs and small businesses. Since then, crowdfunding has grown rapidly around the world. Crowdfunding is especially consequential in countries where SMEs find it difficult to raise capital to start or grow their businesses. This is the case in many Asian countries; according to the SME Finance Forum, there is a $2.3 trillion MSME credit gap in East Asia and the Pacific. Crowdfunding can help to fill this gap by offering individuals and small businesses an alternative source of capital. This can come in the form of donation-based as well as lending-based (peer-to-peer or peer-to-business) crowdfunding. In order to help entrepreneurs and small business owners to find the crowdfunding platform that’s right for them, we are releasing the first publicly available list of all crowdfunding platforms across Asia. The report is split into two key sections: the first one is an overview of crowdfunding platforms, and how active they are across the largest markets on the continent. Each investor in the overview section has a more in-depth profile, listed below the overview. These profiles offer more actionable information about the platforms: where they are active, a brief description about them, their office locations, as well as other useful data points. We believe information is a crucial missing piece of the alternative financial ecosystem across emerging markets, and we have compiled the Capital Finder database and this directory to attempt to remedy this gap. Additionally, we’ve recently released the SDG Capital Finder, the first searchable database for identifying funders that are aligned with the Sustainable Development Goals. This directory is intended to help students, researchers, journalists, analysts, government officials, startups, investors, and many others to get a better picture of crowdfunding activity across Asia. To find out more about our methodology, or to speak with us about how our data may be useful to your organization, please reach out to [email protected]. [email protected] Page 2 of 40 [email protected] Page 3 of 40 Key The following table provides an ‘at a glance’ overview of the firms in our Active database, and shows how active they are in some of the biggest markets Semi-Active across Asia. Not Active India IndonesiaMalaysiaPhilippinesPakistanVietnamThailandBangladeshTurkeyCambodiaJordanNepal ArmeniaLebanonOther 2nate 99Funding Aalayam Foundation Afkarmena Akabbo Akseleran Alix Global Amartha Microfinance ammado Arikovani Armstarter Artha Platform ataplus Bassita BitGiving Boostbloom Capital Match Cashkumar Catapooolt charity: water Chuffed Comicola Cotizi Cropital CrowdCube Crowdfunder Crowdisland CROWDO CrowdPlus.Asia Crowd Supply DANAdidik Desired Wings Dreamaker Equity DreamWallets Durise EthisCrowd Eureeca faircent Fuel A Dream Fund Dreams India Funderbeam Funding Societies Fundiran Fundnel FundProVo fundstak Fundstart Gandeng Tangan Generosity [email protected] Page 4 of 40 India IndonesiaMalaysiaPhilippinesPakistanVietnamThailandBangladeshTurkeyCambodiaJordanNepal ArmeniaLebanonOther GIVEasia Hubbub Impact Guru INDIEGOGO Investree iPledg Kangu Kapital Boost Katipult Ketto KICKSTARTER Kiva Koinworks Kopernik Launch Good lendahand Lendbox Lenden Club LendWithCare Organization LetzChange LiveLebanon Liwwa Loanmeet Madad Madrhiggs MAKEACHAMP Maneo MEEFUND MEKAR Network, PT. Sampoerna Wirausaha Milaap Modalku Monexo Omnivore Partners OurCrowd Peer Lend Philcrowd pitchIN projekt.co QuickCredit.In Rang De SeedOut seedX SHEKRA LIMITED SimplyGiving.com Sinwattana SkolaFund Smala & co Symbid taejai.com The Bridge The Spark Project TosFUND Transparent Hands UPbuilds.com Vote for Cash [email protected] Page 5 of 40 WaterIsLife whitengel Wishberry Wujudkan Wuluj Zoomaal India Indonesia Malaysia Philippines Pakistan Vietnam Thailand Bangladesh Turkey Cambodia Jordan Nepal Armenia Lebanon Other [email protected] Page 6 of 40 2nate Founded in 2014 https://2nate.com 2nate (pronounced similarly in Farsi _ donate) is a donation platform where everybody can easily create a campaign and start raising funds for its cause. 2nate.com will raise money for causes people care about. 2nate is an Iranian crowdfunding platform that is currently focusing on fundraising projects that have social impacts. Active Countries in Asia Iran Back to Table 99Funding Founded in 2011 https://www.99funding.com 99Funding is bringing democracy to venture capital by connecting ideas and capital through securities crowdfunding. Get ready for the Initial Social Offering. 99Funding is a private technology platform that connects private investors with start-ups and growing companies seeking equity or debt financing. Address • 315 Montgomery Street, Suite 900 San Francisco, CA 94104 California, United States Active Countries in Asia None Semi-Active Countries in Asia India Back to Table Aalayam Foundation Founded in 2012 https://www.aalayam.org Aalayam Foundation is a team of working professionals around the globe with a passion to help the students amongst our people. In this endeavor, our singular objective is to build a sustainable and trustworthy online crowdfunding platform to help student in the area of education. Address • No.114/3, Ponniamman Koil Street Sri Mahalakshmi Nagar, Numbal Chennai, Tamilnadu Chennai , 600077 India Active Countries in Asia India Back to Table Afkarmena Founded in 2014 https://www.afkarmena.com We are a crowdfunding reward-based online platform for all your creative ideas. Whether you have a new game to develop, a music album to release, or want to start an NGO, AFKARMENA is here to help make that happen. Active Countries in Asia Jordan [email protected] Page 7 of 40 Back to Table Akabbo Founded in 2014 http://akabbo.ug Our platform leverages the ubiquitous mobile money wallets as well as local payment remittance to take the pain out of fund collection. Our intuitive platform leverages all the tools in our power to amplify campaigns, so you can raise maximum awareness— and funds. We make fundraising social and simple. Active Countries in Asia None Semi-Active Countries in Asia India Back to Table Akseleran Founded in 2016 https://www.akseleran.com Akseleran is a peer-to-peer lending portal in Indonesia. We connect early-stage businesses and SMEs who need business loans to expand their business with people who have more funds to fund the loan. Akseleran was established to make inclusive finance a reality, and currently has a focus on opening up capital access to the largest business actors, as well as providing investment access to everyone by obtaining attractive and commensurate returns with risks. Address • [email protected] • Equity Tower 18th Floor Sudirman Central Business District Lot 9 Jl. General Sudirman Kav. 52-53 Jakarta, 12190 Indonesia Active Countries in Asia Indonesia Back to Table Alix Global Founded in 2013 http://alixglobal.com Alix Global comes in as the licensed Equity Crowdfunding (ECF) Operator qualified by the Securities Commissions (SC) Malaysia. Alix Global partnered with FundedByMe to provide an online platform for companies (Issuers) to seek alternative financing for their needs and for the ‘crowd’ (Investors) to be able to engage with these companies. Address • Jalan PJU 8/8A, Damansara Perdana Suite 11.01 Level 11 South Wing Menara OBYU No 4 Petaling Jaya, 47820 Malaysia Active Countries in Asia Malaysia Semi-Active Countries in Asia Bangladesh, Cambodia, Georgia, India, Indonesia, Iraq, Jordan, Lebanon, Pakistan, Philippines, Syria, Thailand, Turkey, Vietnam Back to Table Amartha Microfinance Founded in 2010 [email protected] Page 8 of 40 https://amartha.com Amartha Microfinance is a peer to peer lending company based in Indonesia that provides humane and down to earth financial services to low income people in rural areas, enabling them to pursue a better life Address • Kemang Selatan VIII no 18 Jakarta, Indonesia Active Countries in Asia Indonesia Semi-Active Countries in Asia Bangladesh, Cambodia, India, Malaysia, Pakistan, Timor-Leste, Turkmenistan, Vietnam Back to Table ammado Founded in 2005 https://www.ammado.com Facilitating donations in over 80 currencies, 20 payment methods and numerous languages, ammado is the first ever truly global donation platform. We have over 1.6 million nonprofits available for donations and for fundraising events. Active Countries in Asia None Semi-Active Countries in Asia Bangladesh, Cambodia, India, Indonesia, Malaysia, Pakistan, Philippines, Turkey Back to Table Arikovani Founded in 2013 https://arikovani.com Arikovani (means _Beehive_ in Turkish) is a crowdfunding platform that helps entrepreneurs to obtain the funds they need to execute their technology- or innovation-oriented projects from the society Address • [email protected] • Turkcell Küçükyalı