According to the latest findings from the annual report by Politecnico di Milano on the state of the art of the equity crowdfunding industry in Italy, the market is small but promisingly growing.
Currently, thirty-five platforms help startups sell 10% of their equity to 89 investors each pledging 4k Euros for a total of 49 million Euros.
Even though the Italian industry has doubled its dimensions over the past year, the leading European markets are still far from being considered a real benchmark.
However, putting data in perspective, the Italian market promises to keep growing, Politecnico di Milano claim.
People are becoming increasingly interested in this form of alternative finance as 75% of campaigns ended up to succeed confirms and the Italian regulator is working to broadening this investing space.
So what’s next? In the short run, banks are joining the party for innovation purposes. For instance, Intesa Sanpaolo have recently bought a stake in an Italian marketplace through their corporate venture capital arm.
In the medium term, the evolution of crypto, as well as of the regulatory framework, would offer interesting angles to be explored, Politecnico di Milano’s research team argues.
However, more remains to be done on the diversity side as just 3% of backers are female.
Find out more here (documentation in Italian).