Hong Kong Startups Seek To Tap Asian Crowdfunding Market

Crowdfunding has yet to take off in Asia like it has in the US, Europe and Australia. Having said that, two recent pieces of news involving Hong Kong-based crowdfunding platforms suggest that entrepreneurs are increasing their efforts at mobilizing capital in Asia via crowdfunding. These sites join other platforms from HK including GingCreative and AppsFunder.

Hong Kong-based real estate crowdfunding platform Crowdbaron recently announced that they have secured an unspecified amount of funding from GrowVC Group.

GrowVC Group has been extremely active in the crowdfunding space. We recently reported on the group’s acquisition of Kapipal in July of this year. Kapipal is an international crowdfunding platform focusing on causes and life events.