Crowd funding as a competitor to the traditional financing system: AltFin (CF)‎ with reference to the global and Algerian market

الملخص EN

Startups, in the stages of their life cycle, face several challenges, the most important of which is the problem of financing.

where crowdfunding platforms are part of the fintech phenomenon due to the financial nature of their activity.

fintech refers to startups that provide financial services based on new technologies.

these new services compete with the traditional banking sectors, where Algerian crowdfunding, as in other countries, plans to provide credit without going through banks but using platforms where borrowers looking for a loan get loans from investors willing to grow their capital other than banks.

therefore, this study aimed to shed light on the reality of one of the modern topics in the field of finance in the world, with reference to Algeria.