Swiss perspectives in 10 languages

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.

More

More

The crowd isn’t always a reliable partner

This content was published on The arts are one of the major beneficiaries of crowdfunding in Switzerland. But that isn’t to say that every project is successful – far from it.

Read more: The crowd isn’t always a reliable partner


Popular Stories

Most Discussed

News

Gestational diabetes increases the risk of adult-onset diabetes

More

Gestational diabetes found to increase risk of adult-onset diabetes

This content was published on A research team from the Lake Geneva region has identified persistent dysfunctions in glucose regulation in women with gestational diabetes. In the long term, this can increase the risk of adult-onset diabetes by up to ten times.

Read more: Gestational diabetes found to increase risk of adult-onset diabetes
The Graubünden village of Brienz has to be evacuated by midday on Sunday

More

Swiss village must be evacuated by midday on Sunday

This content was published on The village of Brienz-Brinzauls in eastern Switzerland, which is threatened by a rockfall, must be evacuated by 1pm on Sunday. All residents must leave the village.

Read more: Swiss village must be evacuated by midday on Sunday
Former judge in Chur found guilty of rape

More

Former Swiss judge found guilty of rape

This content was published on A former judge of the Graubünden Administrative Court in eastern Switzerland has been found guilty of rape, sexual harassment and threatening a former trainee.

Read more: Former Swiss judge found guilty of rape

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR