Entries by Yunuo Zhao

Current State of Crowdfunding in Spain 2016

An overview Inhabitants: 46,44 million GDP (ppp) per capita: $35,269 (Source: Wikipedia; Image Credit: NuclearVacuum) Although it is being 7 years since the crowdfunding came into use and expands in Spain, the growth of this industry has been unequal. There have been many platforms that have emerged in these years of evolution in the field […]

Current State of Crowdfunding in the Netherlands 2016

An overview Inhabitants: 17 million GDP (ppp) per capita: $49,094 (Source: Wikipedia; Image Credit: NuclearVacuum) The alternative finance industry in the Netherlands has a long history and a wide variety of crowdfunding platforms. Crowdfunding started in 2006 with the reward based platform Sellaband. In 2010 several P2P business platforms were launched. In 2011 the first […]

Current State of Crowdfunding in Ireland 2016

An overview Inhabitants: 6,38 million GDP (ppp) per capita: $47,329 (Source: Wikipedia; Image Credit: NuclearVacuum) Through recent financial crises Irish businesses, charities and artists have looked to crowdfunding to overcome challenges in financing projects and ideas (Kennedy, 2011). In recent years there has been increased interest from organisations in the area of crowdfunding both at […]

Current State of Crowdfunding in Czech Republic 2016

An overview Inhabitants: 10,55 million, GDP (ppp) per capita: $18,020 (Source: Wikipedia; Image Credit: NuclearVacuum) Currently the most common form is reward-based crowdfunding, which exists in the Czech Republic for four years now and is growing every year. For example the Hithit platform raised 80% more money in 2015 than in 2014. The second most […]

Current State of Crowdfunding in Finland 2016

An overview Inhabitants: 5,5 million, GDP (per capita: $42,2599 (Source: Wikipedia; Image Credit: NuclearVacuum)   As in every other country, in Finland crowdfunding is an amoeba-like creature without a clear definition. Although not fully developed, the market covers donation and rewards-based, as well as lending and investment-based crowdfunding. This makes it difficult for the general public […]

Current State of Crowdfunding in Switzerland 2016

An overview Inhabitants: 8 million, GDP (ppp) per capita: $58,731 The Swiss crowdfunding market is relatively young and small compared to other countries. Interesting though, the market is growing and more platforms emerge. Foreign platforms recently enter the Swiss market. There are currently nearly 40 platforms in Switzerland. The development stages of crowdfunding in Switzerland […]

Current State of Crowdfunding in Portugal 2016

An overview Inhabitants: 10,43 million GDP (ppp) per capita: $28,476 (Source: Wikipedia; Image Credit: NuclearVacuum) Reward based crowdfunding was introduced in Portugal in 2011 by two platforms: Massivemov and PPL. Massivemov has stopped its operations, as other platforms that also tried reward-based crowdfunding since then, which shows the difficulty of having a profitable operation. PPL […]

Current State of Crowdfunding in Lithuania 2016

An overview Inhabitants: 2,88 million GDP (ppp) per capita: $29,380 (Source: Wikipedia; Image Credit: NuclearVacuum According to the Bank of Lithuania, approximately 40 percent of SME loan applications are rejected in Lithuania, 50 percent of Lithuanian residents hold their savings in cash. Therefore the necessity for alternative financing and alternative investment opportunities in Lithuania during […]

Current State of Crowdfunding in France 2016

An overview Inhabitants: 67,2 million (2016) GDP (ppp) per capita: $40.375 (2014) (Source: Wikipedia; Image Credit: NuclearVacuum) France is amoung the first countries to embrace crowdfunding, with the first platforms (reward based and lending without interest) launched in 2007 /2008. Today, France counts about 140 platforms. Since 2013 volumes in crowdfunding have been doubling. Despite […]

Current State of Crowdfunding in Estonia 2016

An overview Inhabitants: 1,27 million, GDP (ppp) per capita: unknown (Source: Wikipedia; Image Credit: NuclearVacuum)   Estonia is a European frontrunner! Crowdfunding started in 2009 with a local P2P consumer lending platform called isePankur (now Bondora). In 2015, Estonia ranked second in Europe on total volume per capital. Although the Estonian market is only 1M+ […]

Current State of Crowdfunding in Belgium 2016

An overview Inhabitants: 11,2 million, GDP (ppp) per capita: $43,629 (Source: Wikipedia; Image Credit: NuclearVacuum)   The Belgian market is slowly but surely becoming a viable alternative for funding. Belgium can be considered a latecomer in the industry, but is showing each year a growth of approximately 100%. The Belgian market is primarily dominated by local platforms, […]

Current State of Crowdfunding in Sweden 2016

An overview Inhabitants: 9,8 million GDP (ppp) per capita: $47,319 (Source: Wikipedia; Image Credit: NuclearVacuum)   In 2015, crowdfunding in Sweden after leaving its niche from being somewhere in the corner of entrepreneurial finance, where it started in 2011, went mainstream. By 2016 Swedish entrepreneurs could not only choose from at least seven local platforms […]