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Crowdfunding as an innovative financing mechanism

https://doi.org/10.34020/1993-4386-2025-3-82-87

Abstract

The article examines crowdfunding as a modern financial instrument that is shaping new approaches to capital raising. The author analyzes the evolution of collective financing from historical precedents to digital platforms, and explores various crowdfunding models and their application in the modern economy. Special attention is given to the role of technological progress in the development of this mechanism and its impact on the transformation of the financial landscape.

About the Author

A. Kramarenko
Non-profit educational institution Educational, scientific and production complex "International University of Kyrgyzstan"
Kyrgyzstan

Anna I. Kramarenko – Candidate of Economic Sciences, Associate Professor, Director of the Department of Development

Scopus ID: 58284110200

Bishkek



References

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Review

For citations:


Kramarenko A. Crowdfunding as an innovative financing mechanism. Siberian Financial School. 2025;(3):82-87. (In Russ.) https://doi.org/10.34020/1993-4386-2025-3-82-87

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ISSN 1993-4386 (Print)