Data

The European Securities and Markets Authority (ESMA) has released its first annual market report on the EU crowdfunding sector, based on data provided by National Competent Authorities (NCAs) under the European Crowdfunding Service Providers Regulation (ECSPR) on 8 January 2025. This inaugural report analyzes a sample of 98 crowdfunding service providers from 17 EU Member […]

In 2023, the European Crowdfunding Service Providers Regulation (ECSPR) market achieved a total investment exceeding €1.1 billion, reflecting a diverse and evolving financial landscape across various sectors and countries. The distribution of transactions reveals a trend toward smaller-scale investments, with a frequency peak in lower-value transactions. This suggests that while a broad range of investment

Our research into the 2023 data on ECSPR-licensed platforms offers valuable insights into how existing market participants have embraced the new regulation. While it is not possible to draw definitive conclusions about individual platform motivations or levels of professionalism, the data highlights notable disparities across national markets. Our analysis focused on countries with well-established trading

To gain insights into how crowdfunding platforms under the European Crowdfunding Service Provider Regulation (ECSPR) generate revenue, EUROCROWD reviewed publicly available, self-reported data from 44 ECSPR-licensed platforms listed by the European Securities and Markets Authority (ESMA) as of December 2023. This analysis focuses exclusively on platforms that charge fees as a percentage of capital or

In the following we are reviewing licensed ECSPR service providers in 2023 reveals noteworthy insights into cross-border activity within the European crowdfunding landscape. While the regulatory framework aimed to boost cross-border operations, licensing data indicates a nuanced market response. Regulatory Expectations vs. Market Realities The divergence between regulatory objectives and market behavior underscores complexities in

EUROCROWD is happy to release a preliminary analysis of the 2023 market for licensed crowdfunding service providers (CSPs) operating under the European Crowdfunding Service Provider Regulation (ECSPR). The focus was on transaction-level data for ECSPR-licensed operators, offering insights into the sector’s performance during its inaugural year. While aggregate value and volume figures provide historical context,

On 10 November 2023, the European Crowdfunding Service Provider Regulation (ECSPR) came fully into force, marking a transformative moment for the crowdfunding sector across the EU. EUROCROWD, together with its members, has played a pivotal role in shaping this regulation and continues to collaborate with regulatory authorities and leading crowdfunding service providers to ensure its

Over the past few months, we have examined the historical development of crowdfunding across the EU and the varied approaches Member States have taken in implementing the European Crowdfunding Service Providers Regulation (ECSPR). Unfortunately, it remains evident that national perspectives dominate over a harmonised EU approach, which undermines the core intentions of the legislation. Diverging

Since its inception, the European Crowdfunding Service Providers Regulation (ECSPR) has aimed to create a harmonized legal framework for crowdfunding platforms across the European Union, prioritizing transparency and consumer protection. However, several challenges remain in its implementation. The Evolution of ECSPR The European Commission proposed ECSPR in 2018, estimating that several hundred crowdfunding platforms operated