Country-level crowdfunding (digital financing) activity and a regulatory-clarity index, 2015-2020. Replication data and code for Ran, Rau & Ziegler (2025, Management Science).
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Updated
Jun 15, 2026 - Stata
Country-level crowdfunding (digital financing) activity and a regulatory-clarity index, 2015-2020. Replication data and code for Ran, Rau & Ziegler (2025, Management Science).
Funding Societies (known as Modalku in Indonesia) is Southeast Asia's largest SME digital financing and investment platform, connecting small and medium enterprises seeking working capital with individual and institutional investors.
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