10 Best Crowdfunding Platforms In Europe (2022)

 

The recent field of crowdfunding platforms has witnessed significant growth in Europe. Crowdfunding is used for charities, investments, financing companies, and personal needs. Many people spend their fair share of time using crowdfunding to donate to countless causes for philanthropic activities. With the wild usage of technologies especially social media, crowdfunding has developed to a whole new level. But with numbers of options, there are just a few reliable options when it comes to crowdfunding platforms in Europe. That is why it is important to know which crowdfunding platform suits your needs best.

 

Even after the Covid 19 pandemic, many crowdfunding platforms have remodelled their business models for their users and have seen a substantial crowdfunding market volume in 2020-21.

 

How Do I Choose A Crowdfunding Platform?

Your first thought might be to Google this. However, if you type “crowdfunding Europe” or “crowdfunding charity”, you will get tons of hits. On one hand, it’s fantastic that you get so many results on your search; on the other hand, this means you still don’t know where to look for answers and which one to choose.

 

That’s why we want to give you a little hand. We’re going to give you 10 top crowdfunding sites, that will show you which crowdfunding platforms are the biggest crowdfunding platforms that can ease the pain and help you to donate sooner.

 

Which Crowdfunding Site Is The Best?

There are a number of criteria to consider before starting a fundraiser through a crowdfunding platform. Number one is being the reliability of the crowdfunding platform, the other options to consider are the accessibility, user experience, and understanding of the system behind the platforms.

 

1. WhyDonate

WhyDonate is a platform that is specifically designed for raising money for any cause. Here you can donate money or start fundraising for a charity yourself. It also supports private fundraising projects. If you’re a registered company crowdfunding on WhyDonate, they will check if you are registered with ANBI and have a CBF quality label. WhyDonate, one of the free crowdfunding platforms, also facilitates for companies and organisations who want to set up their own crowdfunding fundraising platform. If you are looking for a good space to help you crowdfunding in Europe, consider WhyDonate and start donating to your cause without any hassle.

 

2. FundedByMe

In March 2011, FundedByMe was founded in Stockholm, Sweden, and is one of the world’s first crowdfunding platforms to provide both reward-based and equity crowdfunding. In order to promote cross-border investments that support both entrepreneurs and investors in order to help job creation and economic development, the platform has a major focus on European entrepreneurs.

 

3. Funding Circle

This platform gives out loans of €5.000 to €250.000 to entrepreneurs. Funding Circle is a good platform to invest in if you have a project you’re confident about. The best part is that the registration is free, and financial returns can get as high as 18.9% a year. You can start investing with as little as €100.

 

4, Crowdcube

Crowdcube is one of the largest equity crowdfunding platforms in Europe and the first in the world, aimed solely at investors who are sufficiently savvy to consider these risks and make their own investment choices. Via Crowdcube, over £ 26 million has been successfully invested so far. Crowdcube launched the ‘Crowdcube Venture Fund’ in February 2014, which enables investors to crowdfund start-ups with the extra reassurance that an independent skilled fund manager invests, manages and tracks their capital. Companies like Crowdcube have made crowdfunding in Europe easier with their great options.

 

Launched in 2010, the company of Darren and Lang led the pack for equity-based crowdfunding.

 

5. Goteo

Goteo is a crowdfunding or collective financing platform (monetary contributions) and distributed collaboration (services, infrastructures, microtasks) for projects that, in addition to giving individual rewards, also generate performance through promoting common goods, open-source and/or knowledge free. As a member of the network, you can have one or more roles: present a project, be a co-founder or collaborate in one. Goteo being one of the great crowdfunding platforms offers some cool perspectives while crowdfunding in Europe.

 

6. Boomerang

Booomerang.dk is the first and largest reward-based crowdfunding platform in Denmark, where entrepreneurs, musicians, groups and other artists can raise money from new and old networks through financial support. Booomerang is one of the largest crowdfunding platforms in Europe, which began 4 years ago. Establishing an office in Berlin, Germany, by the end of 2014 and expanding at a fast speed, the latest twist that separates Booomerang from other sites is a collaboration with crowdfunding. In Denmark, when legislation is in place that will turn booomerang into a legitimate hybrid crowdfunding site, equity and lending platforms are in the works.

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