As Max Crowdfund surpasses the 40 million euros raised milestone, we reflect on the European crowdfunding market as a whole.
Crowdfunding is often considered to be a sub-category of online alternative finance. This market tripled in Europe from 2015 to 2018, when European platforms raised a total volume of €6.5 billion, according to a report by the Cambridge Centre for Alternative Finance (CCAF).
Despite everything that happened up to and during 2020, European platforms have experienced an increase in crowdfunding market volumes. Germany and France, to name two of the European leaders in online crowdfunding, raised approximately €1.26 billion and €1.02 billion respectively in 2021 (source: https://www.crowdfundinghub.eu/current-state-of-crowdfunding-in-europe-2021).
In the Netherlands, NLInvesteert raised over 125M in 2022, and several platforms that funded more than double their 2021 project volumes include Max Crowdfund who recently surpassed the 40 million euros raised milestone..
The global crowdfunding market is predicted to grow at a (compound annual growth) rate of 16.2% between 2022 and 2030, to reach USD 5.53 billion by 2030 - according to a global crowdfunding analysis report. (https://www.grandviewresearch.com/industry-analysis/crowdfunding-market-report)
As interest rates rise alongside inflation, and banks continue to tighten investment pre-requisites, real estate crowdfunding is expected to grow. Max Crowdfund hopes to overtake the 50M raised mark quickly as soon as its new software system, Maximise, is launched in Q2 of 2023.
