Crowdinvesting, Social Platforms Reach a Quota of €953 Million Collected in Italy

Crowdinvesting in Italy has raised $1.12 million (€953.4 million) since the beginning of the market, considering equity crowdfunding and social lending platforms. Of this total, as much as $592.3 million (€503.7 million) have been raised in the last 12 months alone, indicating the full boom of the sector.

This is the main evidence of the latest Report on the last 12 months of Crowdinvesting in Italy that is being presented this morning by the Crowdinvesting Observatory of the Politecnico di Milano, led by Professor Giancarlo Giudici and that can be followed in streaming at this link starting at 10.30 am. The presentation of the data will be followed by a round table with some of the protagonists of the sector, moderated by Fabio Allegreni, CEO of EdiBeez srl and founder of CrowdfundingBuzz.

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This year data only take into accounts investments made by vprivate individuals

As far as lending data are concerned, it must be pointed out that this year the calculations made by the Politecnico Observatory only take into account the collection through platforms that allow investment by the crowd, i.e. by private individuals. Therefore, for example, in the case of lending platforms for private individuals, the collection of Younited Credit is not taken into account, while in the case of lending platforms for businesses, platforms such as Credimi, Fifty, Whit-e, Workinvoice, where investors are all institutional, are not considered. If these were to be considered as well, the statistics would obviously explode, as indicated by BeBeez’s 2020 Fintech Platforms Report. And precisely for this reason, the cumulative figure for this year presented by the Politecnico Observatory is not comparable with that calculated last year for the previous report.

In the first six months of 2021, capital raising on Italian equity crowdfunding platforms more than doubled, exceeding $102.3 million (€87 million), compared to about $47 million (€40 million) in 2020, according to CrowdfundingBuzz and that, again according to CrowdfundingBuzz calculations, Italian equity crowdfunding platforms had recorded a boom in fundraising in the 12 months of 2020 at an impressive $121 million (€103 million) spread over 159 campaigns, up sharply from the $76.4 million (€65 million) raised in 2019 over 139 campaigns, with a boom in the last quarter of the year of more than $55.3 million (€47 million) and 61 successfully funded campaigns.

As for real estate equity crowdfunding, it rose to $21.4 million (€18.2 million) in the six months, compared to $13 million (€11 million) in the first half of 2020, almost doubling the collection. Recall that the Italian real estate crowdfunding had almost doubled the collection in 2020, funding 182 real estate projects, between equity and debt, with $76.4 million (€65 million), against $41.1 million (€35 million) in 2019 (+86.5%). again based on data processed by CrowdfundingBuzz. In particular, the growth of real estate equity crowdfunding had been disruptive in 2020: $34.4 million (€29.3 million) against $19.4 million (€16.5 million) in 2019 (+77%).

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(Featured image by Kadir Celep via Unsplash)

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