Norwegian Market Statistics

Norway Report 2019.png

Norwegian Crowdfunding Association 2020

Norwegian Market Status Report 2019 - Highlights

  • Total volume for 2019 stands at NOK 442 Million, representing 72% growth from 2018. The sum is distributed as follows: 31.2%P2P Property Lending, 27% P2P Business Lending, 22.5% in Donations, 13.2% Equity, 3.6% in P2P Consumer Lending, and in 2.4% Reward.

  • P2P Property Lending emerging as largest category of Norwegian crowdfunding, reaching a volume of NOK 138 million in 2019. This growth is partial correction from previous reporting including it under P2P Business Lending, but most growth associated with ‘real’ growth.

  • P2P Business lending maintains a strong position as 2nd largest category, reaching volume of NOK 119.6 million in 2019, growing 67% since 2018.

  • Equity crowdfunding exhibited modest growth of 5% , standing at a volume of NOK 58.3 million NOK in 2019.

  • Reward crowdfunding continues decline while donations continue growth. Reward crowdfunding volumes dramatically fall 65% between 2018 and 2019. In parallel, donation crowdfunding grows 59.3% from 2018 to 2019, and represents the 3rd largest model with volumes of NOK 99.6 Million in 2019.

  • Q4 of 2019 was the best recorded in Norwegian crowdfunding history with NOK 151.1 million raised.

Free download available HERE

Shneor, R. (2020). Crowdfunding in Norway: Status Report 2019 Q1-Q4. Oslo: Norwegian Crowdfunding Association. Available at: https://www.crowdfunding-research.org/norwegian-market-statistics

Norway Report 2018.png

Norwegian Crowdfunding Association 2019

Norwegian Market Status Report 2018 - Highlights

  • Total volume of 2018 stand at NOK 205.2 Million, representing 118% growth from total volumes of 2017. 32% P2P Business Lending (including property lending), 30% of which Donations, 27% Equity, 8% Reward and 2% in P2P Consumer Lending.

  • P2P Business lending becomes largest category of Norwegian crowdfunding for first time, reaching an annual volume of NOK 66 million in 2018, while representing 32% of total 2018 volumes.

  • Dramatic growth in equity crowdfunding continues and standing at a volume of NOK 55,5 million NOK, growing 305% from 2017 to 2018.

  • Reward crowdfunding on decline while donations continue growth in 2018. Reward crowdfunding volumes fall 26% since 2017, and 58% since 2016. In parallel, donation crowdfunding maintain growth momentum growing 48% since 2017 and a staggering 2528% since 2016. Donation is the second largest category of Norwegian crowdfunding equal to NOK 62 millions in 2018.

  • Q4 of 2018 has been the best recorded in Norwegian crowdfunding history with NOK 85 million raised or 41% of total annual volumes. Growth in this quarter was recorded in all crowdfunding models. In particular between Q3 and Q4 Donation crowdfunding grew 116% , and P2P Business lending grew 80%.

Free download available HERE

Shneor, R. (2019). Crowdfunding in Norway: Status Report 2018 Q1-Q4. Oslo: Norwegian Crowdfunding Association. Available at: https://www.crowdfunding-research.org/norwegian-market-statistics

© 2023 by UiA Crowdfunding Research Center. Proudly created with Wix.com