Singapore’s StarHub launches world’s first telco-backed crowdfunding site

Crowdfunding is kinda hot right now in Asia, not in actual money pledged by consumers or the size of campaigns, but in terms of the number of companies riding the wave in the name of innovation. StarHub, Singapore’s second largest telco, has put its weight behind the movement. It announced Crowdtivate, which it calls the world’s first telco-backed crowdfunding platform.