Crowdfunding platforms by service in Europe 2013

This statistic presents the type of functions performed by the European crowdfunding platforms as of December 2013. Approximately 90 percent of platforms reported that they were able to provide their users with a preliminary screening of projects, and nearly 88 percent were successful at informing project owners and contributors of any fees applicable. Further 79 percent of platforms informed contributors of investment or funding risks.

What type of functions does your platform perform?

Characteristic	Share of respondents (platforms)
Preliminary screening of projects	90.1%
Informing project owners and contributors of applicable fees	87.7%
Checking identity of project owners	86.4%
Facilitating the communication between contributors and project owners	85.2%
Informing contributors of risks	79%
Monitoring the performance of projects after the campaign	65.4%
Pooling funds from contributors and allocating funds to projects	43.2%
Creditworthiness or profitability assessment of proposed projects (before campaign)	39.5%
Assessing the profile of the contributors	35.8%
Guarantee the return of reclaimable funds	34.6%
Acting as nominee shareholders or contributors' representatives in legal proceedings	18.5%
Providing investment advice	12.3%
Professional insurance or compensation scheme coverage to compensate contributors' losses	9.9%
Managing conflict of interest for the platform	4.1%
Other	19.8%

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Release date

March 2014

More information

Region

Europe

Survey time period

October to December 2013

Number of respondents

81*

Age group

Special properties

crowdfunding platforms managers

Method of interview

Online survey

Supplementary notes

* This is the sample for the particular question. The full sample size was 893.
Multiple responses were possible.

The source adds further information regarding methodology: "Breakdown of the sample: 414 crowdfunding (CF) contributors; 152 current/future project owners; 81 CF platform managers, 91 CF associations representatives; also contributing: banks, venture capitalists and angel investors.

Geographical breakdown of the sample: 254 France, 151 Germany, significant contribution from Italy, the UK, Spain, Austria and Belgium (all between eight and five percent of the sample). Malta and Norway not represented in consultation."

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