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Initiatives to implement and use Crowdfunding Platforms in the Banks of UK, Italy and other European Countries
Corresponding Author(s) : Dariusz T. Dziuba
Humanities & Social Sciences Reviews,
Vol. 10 No. 2 (2022): March
Abstract
Purpose of the study: The presented publication separates the market segment of online crowdfunding, which is implemented in banks or used for their needs in European countries.
Methodology: Crowdfunding platforms were identified and the statistics they provide for raising capital in individual banks in European countries. In particular, such implementations were characterized in Italy, Great Britain, the Netherlands, Belgium and other countries, including Central and Eastern Europe.
Main Findings: The considerations managed to distinguish the market segment of banking crowdfunding in the analyzed countries. The results of the research also allowed to estimate the size of this segment across the European continent (at least 229 crowdfunding initiatives in banks were identified, generating an amount of over EUR 5.4 billion).
Applications of the study: The considerations relate to several scientific fields, including economics and finance, or business informatics.
Novelty/Originality of this study: The article separates and measures the market segment of banking crowdfunding on the European continent, which limits the research gap in the scientific literature in this area.
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