Brief: South African Crowdfunding Platform Thundafund Unveils New Website

On Tuesday, South African crowdfunding platform, Thundafund, announced the launch of its new website, which will debut on Wednesday April 6th.

ThundafundAccording to the funding portal, the new website was build in Africa for Africa and will be easy-to-use and 100% mobile-responsive. The new site offers the following:

  • A smooth and sleek new look and feel.
  • Self Sign-up functionality.
  • A mobile-friendly and responsive design.
  • A  3-step payment process.
  • A “donate button” which allows backers to contribute any amount of money to a campaign without having to purchase a reward.

The development of the new website comes just a few months after Thundafund and marketplace platform, Wealth Migrate, launched the African Crowdfunding Association (ACfA). The goal of the ACfA is to lobby for crowdfunding legislation creation and reforms, increase public awareness, and to create a more cohesive industry structure in Africa that protects investors and democratizes access to capital for all Africans.

Patrick Schofield, CEO and co-founder of Thundafund, previously stated:

Patrick Schofield“We see crowdfunding as the democratisation of financing for entrepreneurs. Thus far we have been thrilled to see the outpouring of African and global support for African entrepreneurs that have had the courage to launch new ideas into the world. There are so many inspiring entrepreneurs in Africa who could do so much to change the world with access to capital. Crowdfunding is the next-gen solution to Africa’s development agenda”

Since being founded in June 2013, Thundafund has successfully crowdfunded over R7 million. 

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