Transparency wins funds

Geofundit

www.geofundit.com/beta

THE success of a crowdfunding campaign lies in, among other factors, its transparency. If people know what you're doing with their money, they're more likely to trust you, and give you more.

This works out well for non-profit organisations (NPOs), where transparency is crucial for fund-raising, says 27-year-old Subhas Avadiar.

He and his friend Aloysius Chan came up with Geofundit - an online platform that…