What are the different types of crowdfunding platforms?

Here are the different types of crowdfunding platforms:

• Donation-based crowdfunding platforms: They allow fundraisers to collect money for a project or venture without providing financial returns or rewards to contributors. Supporters donate amounts out of goodwill to support causes they believe in, and the fundraiser is not obligated to give anything in return.
• Rewards-based crowdfunding: These platforms enable entrepreneurs to raise funds by pre-selling products or other non-monetary rewards. Supporters support projects anticipating a tangible benefit like first access to the product or limited edition merchandise. However, there is no shareholding or ownership implied.
• Equity-based crowdfunding: It facilitates entrepreneurs to raise capital by trading ownership interest in their startups in exchange for investment. Backers get equity shares or other securities in return supporting ventures in their early stages. Various securities regulations oversee these platforms.
• Peer-to-peer lending platforms: These platforms help applicants take loans from a collective pool of lenders instead of financial institutions. The exchanges are direct without intermediaries. Applicants provide certain repayment guarantees to loan providers with interest over fixed terms.
• Invoice trading platforms: It specifically aids in raising short-term funds against outstanding invoices owed to a business. Entrepreneurs can get financing based on unpaid customer invoices that have future payments committed. The platforms enable quick access to capital locked in receivables.