The Crowdfunding Monitor found that 374.5 million Swiss francs were brokered via crowdfunding platforms in Switzerland in 2017. Compared to 2016, this represents a growth of 192 per cent, according to a statement from the Institute of Financial Services Zug (IFZ) at the Lucerne University of Applied Sciences and Arts.
Financing for SMEs and investing in property via crowdfunding were the largest growth drivers. “Professional investors increasingly perceive crowdfunding as an interesting investment,” said report author Andreas Dietrich. “We expect the Swiss crowdfunding market to break the billion-franc-mark at the end of the year.”
An average of 45 francs per capita was invested in crowdfunding, putting Switzerland behind leading crowdfunding markets such as the US and the UK, with 78 and 90 francs per capita respectively. But not for long.
“The strong momentum provided by new platforms and alternative business models suggests that Switzerland is catching up with highly developed crowdfunding countries,” added Dietrich.
The study’s authors anticipate that blockchain technology will find other fields of application in the crowdfunding market in the coming years, thus adding further momentum. In Switzerland, Swisspeers and Wemakeit are already working on two such projects.
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