Updated November 2025
With the market expected to surpass €1 billion in total volume in 2025, crowdfunding in Europe continues to flourish as a vital engine for innovation, empowering startups, creators, and social initiatives across the continent. A pivotal development since our original 2019 article has been the European Crowdfunding Service Providers Regulation (ECSPR), effective from November 2021. What is ECSPR? This landmark EU regulation harmonises rules for crowdfunding service providers (CSPs), allowing platforms authorized in any individual member state to “passport” their services across all 27 EU countries. This enables platforms to raise up to an annual €5 million per project, throughout the European Union, without navigating fragmented national laws.
ECSPR emphasises investor protection through transparency, risk warnings, and standardised disclosures, fostering cross-border growth while addressing challenges like compliance costs and market stagnation noted, as noted in the 2025 ECSPR review. However, post-Brexit (which was the UK’s self-imposed removal from the European Union), UK-based platforms operate under the country’s Financial Conduct Authority (FCA) regime and cannot passport into the EU. This has created a dual-market dynamic that requires platforms to adapt for pan-European reach.
Equity crowdfunding remains dominant, enabling retail investors to back high-growth startups, while reward-based and peer-to-peer (P2P) models broadly, but not exclusively, support creative projects and lending. The sector’s maturity demands robust legal frameworks and platform ratings, as called for by the European Commission’s Startup Europe initiative.
We’ve prioritised a mix of equity, reward, and P2P platforms with strong track records, EU/ECSPR compliance where applicable, and a focus on innovation. This updated list reflects new 2025 realities, with rebrands (e.g., Seedrs to Republic Europe); mergers and acquisitions; and emerging players like SeedBlink and Aescuvest replacing less active ones like FundedByMe (which now deals only with institutional lenders) and the Italian platform Derev. Let’s also not overlook that Gamefound, the specialist Polish crowdfunding platform for board games, acquired Indiegogo in July 2025.
For a deeper dive specifically into Europe’s top five equity platforms, see our 2024 blog, which has also been refreshed with 2025 updates.
1) Crowdcube, UK
Founders: Darren Westlake & Luke Lang
Launched in 2011, Crowdcube remains the UK’s preeminent equity crowdfunding platform and a global benchmark, having facilitated over £1.5 billion in investments across 1,800+ campaigns by mid-2025. Investment opportunities are accessible for individuals with varying degrees of experience, from restricted investors who cannot have more than 10% of their total investment and savings portfolio in equity crowdfunding, up to high net worth individuals with either an income over £100,000 a year, or they hold £250,000 of assets (excluding the value of their main residence).
Crowdcube also offers secondary markets for liquidity and a Venture Fund for diversified exposure. Post-Brexit, it focuses on UK raises but attracts EU investors via its reputation for due diligence and high-profile exits like Monzo. It claims a registered network of 2 million retail investors, and is considered ideal for tech and consumer startups seeking rapid scale.
In April 2022, Crowdcube’s regional office in Barcelona, Spain, was authorised to trade under the European Union’s ECSP Regulations. Companies seeking investment can now use Crowdcube to raise up to €5 million in Europe, plus up to the equivalent of €8 million in the UK, annually.
2) Republic Europe (formerly Seedrs), UK
Founders: Jeff Lynn & Carlos Silva (the original Seedrs team)
Rebranded in July 2024 after Republic’s acquisition, this platform—formerly known as Seedrs—has raised over £1.2 billion since 2012, funding more than 2,500 startups. Now part of a Web3 ecosystem, it emphasises both UK and EU-compliant equity raises (under ECSPR via passporting) with enhanced tools for secondary trading and global syndicates. Its 2025 updates include AI-driven investor matching, making it a top choice for cross-border tech and climate ventures. It provides opportunities to raise money throughout the EU via its office in Lisbon, Portugal.
3) Mintos, Latvia
Founders: Martins Sulte & team
By 2025, Latvia’s flagship P2P lending platform had facilitated over €10 billion in investments from more than 600,000 users, focusing on consumer and SME loans with average yields of 10-12%. Fully ECSPR-compliant for passporting, Mintos offers auto-invest tools, buyback guarantees, and diversified portfolios across EU markets. Its 2025 expansions into green lending reinforced its role as a go-to operator for retail investors seeking steady returns in a volatile economy.
4) Companisto, Germany
Founders: David Rhotert & Tamo Zwinge
An ECSPR-compliant equity powerhouse, by late 2025 Companisto had backed over 300 startups with €309 million committed from 179,000 investors. Minimum investments start from €5, and the platform bundles shareholders into cooperatives for streamlined governance. 2025 highlights include masterclasses on liquidation preferences and healthtech raises, cementing its role in German-speaking DACH-region scale-ups.
5) Ulule, France
Founders: Alexandre Boucherot & Thomas Grange
France’s leading reward-based platform has funded 50,000+ projects since 2010, raising €350 million with a 70% success rate as of 2025. Ulule is ECSPR-authorized for EU passporting, and its hybrid model (which offers both ‘all-or-nothing’ or ‘keep what you raise’ flexible goals) suits creatives and social enterprises. Its open API enables embedded campaigns, and 2025 expansions target pan-European co-funding for sustainable initiatives.
6) Invesdor, Finland
Founders: Lasse Mäkelä & Timo Lappi
This versatile EU platform (equity, bonds, loans) has mobilized €565 million across impact-focused projects since 2012, with strong 2025 growth in renewables. ECSPR passporting enables Nordic-to-EU expansion, and its three-phase raises include partner pitching and legal support. This makes Invesdor ideal for SMEs seeking discreet funding.
7) SeedBlink, Romania
Founders: Andrei Dudoiu & Dan Radu
Founded in early 2020 by four senior executives with experience in technology, finance and entrepreneurship, SeedBlink has swiftly emerged as Europe’s top tech equity platform in 2025. In total it has funded over 200 startups, and raised more than €200 million via co-investment models. ECSPR-authorised, it offers secondary markets and VC syndicates, attracting Eastern European innovators. Its B+ asset rating and 2025 AI tools for due diligence make it a must-watch platform for cross-border tech investments.
8) Aescuvest, Germany
Founders: Philipp Siebenrock & team
Specialising in healthtech equity, Aescuvest had raised over €150 million for more than 50 medtech firms by 2025, with 20% IRR averages. Fully ECSPR-compliant, it leverages Berlin’s biotech hub for EU-wide passporting. 2025 updates include expanded cell therapy investments, appealing to impact investors in life sciences.
9) KissKissBankBank, France
Founders: Ombline Le Lasseur, Vincent Ricordeau & Adrien Aumont
This creative reward platform has supported more than 30,000 projects, raising €200 million since 2010, with its “Kissbankers” community driving a 65% success rate. ECSPR enhances its EU reach, and support and mentoring from brand owners including L’Oréal, the car marque SKODA, and L’Exception fashion design boost visibility for a range of innovation beyond mainstream trends. These tie-ins also allow established businesses to meet and forge relationships with a new generation of innovative thinkers and designers.
10) Goteo, Spain
Founders: Olivier Schulbaum, Enric Senabre & Susana Noguero
Focused on open knowledge and social good, Goteo has funded over 2,000 projects with €20 million raised and 60% success via dual-round models. As an ECSPR pioneer, its 2025 collaboration tools (microtasks, resources, and more) amplify distributed funding for commons-oriented initiatives.
11) Symbid, Netherlands
Founders: Korstiaan Zandvliet & Robin Slakhorst
This equity platform bundles investors into cooperatives, having raised over €100 million for more than 300 businesses since 2011. In 2022 it was acquired by the Romanian platform SeedBlink. They share investor networks and some back office operations, though Symbid operates as a separate brand due to the strong credentials and reputation it had gained in the Benelux region since it launched in 2011. It provides a gateway for Eastern European startups to reach Western investors, and for Western investors to find potential in the East. ECSPR streamlines its EU operations, and its “Inner Circle” advisory network and 2025 private raise tools suit fast-growing SMEs.
12) OurCrowd, Israel
Founders: Jon Medved & Steven Blumgart
Catering to European accredited investors, OurCrowd has deployed $2.5 billion+ across 1,000+ global startups by 2025, with strong EU health and cleantech focus. Its VC-like management and GE Ventures partnership enable seamless cross-border deals, bridging Israeli innovation to Europe. Medved breaks up the parcels of equity it acquires, and then provides its network of individual investors access to invest alongside it.
13) Wemakeit.ch, Switzerland
Founders: Johannes Gees, Jürg Lehni & Rea Eggli
Switzerland’s creative reward leader has financed 7,950 projects, raising CHF 111.5 million since 2012. Non-EU but EFTA-aligned, its 2025 expansions support nonprofits, fostering community growth in arts and culture.
14) Booomerang, Denmark
Founder: Michael Eis
Denmark’s reward-based pioneer has funded 1,000+ campaigns, raising over €10 million since 2011, and has expanded to Berlin. ECSPR-ready for Nordic-EU hybrid models, 2025 equity pilot tests position it as a versatile collaboration hub.
15) EstateGuru, Estonia
Founders: Marek Teder & team
A top P2P real estate platform, EstateGuru has lent €700 million+ across over 10,000 loans by 2025, with 10%+ yields. ECSPR passporting drives Baltic-to-EU growth, and its focus on sustainable property appeals to impact lenders.
A similar Crowdsourcing Week review of 10 top rewards and Reg CF platforms in U.S. is available, last updated in August 2025.
BOLD Awards VII, 2026
BOLD Awards highlights and celebrates global innovation and breakthroughs in 22 categories of digital industries. The annual gala dinner award ceremony provides a unique opportunity to network with entrepreneurs, disruptors, and innovators – plus representatives of companies that sponsor any of the categories.
Entries remain open until December 31, 2025. Enter now for your chance to take the spotlight, and return to your submission as often and whenever you want to update and enhance it. After rounds of public voting and assessment by a panel of international judges, picture yourself taking the stage when winners are announced at a black-tie ceremony in Barcelona, Spain, on March 27, 2026.
The Boldest Crowdfunding Project winner will have shown how their campaign delivered much more than funding alone. Projects entered into this category should also be able to demonstrate the steps taken to invite others to support their cause and help raise funding – whether through donations, rewards or equity.
Details of the 2025 winners, with links to their successful entries, are available here.





On the same crowd-investing topic for European investors, I have recently discovered an app called Konvi (https://konvi.app/), an investment platform for luxury goods. They have an amazing track record (11% appreciation per year at worst) because they are able to use their expertise when choosing assets 🙂