Financial technology is revolutionizing the way entrepreneurs raise capital from "summary" of Developments in Entrepreneurial Finance and Technology by Audretsch, David B.,Belitski, Maksim,Rejeb, Nada,Caiazza, Rosa
The emergence of financial technology has transformed the landscape of entrepreneurial finance, offering innovative solutions to traditional methods of capital raising. Through the utilization of digital platforms and algorithms, entrepreneurs now have access to a wider pool of potential investors, breaking down geographical barriers and democratizing the investment process. One of the key advantages of financial technology in raising capital is the efficiency it brings to the fundraising process. By streamlining procedures and reducing paperwork, entrepreneurs can focus more on building their businesses rather than navigating complex bureaucratic hurdles. This increased efficiency also translates to faster access to funds, allowing entrepreneurs to seize opportunities and scale their ventures more rapidly. Moreover, financial technology has enabled entrepreneur...
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