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Crowdfund

compounding; verb
To raise awareness and money quickly on the Internet through an established platform or website.
 
This word has become popular due to the success and popularity of recent startups like Indigogo and other website that allow an individual or a small group of people to create a page for a cause and accept donations from strangers or friends on the Internet. Crowdfund is a way of gathering money easily from many, many people online. The cause doesn’t even have to be something large or substantial.
Etymology : Compound of the word “crowd” and “fund”.
Source : The slogan for the company Indigogo is “Crowdfund your idea.”
Last modified: 11 December 2015


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