Navigation

Skiplink Navigation

Main Features

Chipping in Crowdfunding platforms boom in Switzerland

Young Boys fans outside parliament

This crowd backed a winner: Bernese football fans gather outside parliament on May 20 after their team, Young Boys, won the Swiss league

(Keystone)

Swiss crowdfunding platforms dealt with CHF375 million ($377 million) in 2017, almost three times as much as the previous year. Some 160,000 people supported a crowdfunding project. 

Over the past eight years, more than half a billion francs have been collected via the “swarm-based form of financing”, said the Lucerne University of Applied Sciences and Arts on Monday. 

Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the internet. 

The main driver of growth in recent years has been the crowdfunded financing of small and medium-sized businesses and investments in property, according to the university. 

The report’s authors expect crowdfunding in Switzerland to break the billion-franc mark by the end of the year. 

At the end of April, 43 crowdfunding platforms had a physical presence in Switzerland. Many other internationally focused platforms were not registered in Switzerland.


SDA-ATS/ts

Neuer Inhalt

Horizontal Line


SWI swissinfo.ch on Instagram

SWI swissinfo.ch on Instagram

SWI swissinfo.ch on Instagram

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.









Click here to see more newsletters