Crowdfunding Generates More Than $60,000 an Hour (Infographic) A look at the eye-popping growth of the crowdfunding industry.

By Catherine Clifford

Opinions expressed by Entrepreneur contributors are their own.

When big data analytics are overlaid on the exploding industry of crowdfunding, it becomes eye-poppingly clear just how much this new finance mechanism is growing.

For example, there's this: Every hour in the month of March, more than $60,000 dollars were raised via crowdfunding throughout the world.

And this: In the first three months of 2014, $124 million was raised around the world via crowdfunding.

Related: Why Fraudsters Won't Sink Equity Crowdfunding

And this: In March, 442 crowdfunding campaigns were launched globally each and every day.

This data comes from the first ever quarterly report and accompanying infographic, both of which are publicly released tomorrow, from The Crowdfunding Centre, an online platform for crowdfunding news and analytics based in the United Kingdom.

Related: Real Estate Has Benefited Most From SEC's General Solicitation Rule Change

Have a look at the infographic summarizing the report below.

Click to Enlarge+
Crowdfunding Generates More Than $60,000 an Hour (Infographic)
Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Franchise

She Quit Her Corporate Job to Sell a Refreshing Summer Staple — Then Made $38,000 the First Week and $1 Million in Year 1

With nearly $40,000 in first-week sales and $1 million in her first year, DeSario Turner's story is a blueprint for success.

Business News

JPMorgan Will Fire Junior Bankers Over a Common Practice That CEO Jamie Dimon Calls 'Unethical'

According to a leaked memo, JPMorgan is telling junior analysts that they will be fired if they accept another job in advance.

Business News

Nvidia's CEO Says It No Longer Matters If You Never Learned to Code: 'There's a New Programming Language'

At London Tech Week, Nvidia CEO Jensen Huang said even non-programmers can write code thanks to AI.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Investment Firm CEO Tells Thousands in Conference Audience That 60% of Them Will Be 'Looking for Work' Next Year

There were over 5,500 people at SuperReturn International 2025, making it the largest private equity event in the world.

Business News

Apple Kicked Off Its Worldwide Developers Conference Monday. Here's What You Missed.

At Apple's WWDC, the company announced that it is changing up the look of its products by adding a translucent design element called Liquid Glass.