Christian Vater is a practitioner of what method that develops and funds a solution to social issues?
Christian Vater (social entrepreneur) Christian Vater (born November 15, 1974) is the founder of the independent German charitable foundation "Deutschland rundet auf" ("Germany rounds up"). Born in Berlin, Vater is a social entrepreneur since 2009. Previously, he worked as a music manager.
Alternative finance Alternative finance refers to financial channels and instruments that have emerged outside of the traditional finance system such as regulated banks and capital markets. Examples of alternative financing activities through 'online marketplaces' are reward-based crowdfunding, equity crowdfunding, peer-to-peer consumer and business lending, invoice trading third party payment platforms. Alternative finance instruments include cryptocurrencies such as Bitcoin, SME mini-bond, social impact bond, community shares, private placement and other 'shadow banking' mechanisms. Alternative Finance differs to traditional banking or capital market finance through technology-enabled 'disintermediation', which means utilising third party capital by connecting fundraisers directly with funders, in turn, reducing transactional costs and improve market efficiency.