Italian Crowdfunding Market Contracts Sharply in 2026, Real Estate Dominates Sector
The 11th Italian Crowdfunding Report shows a significant decline in fundraising volumes for both equity and lending crowdfunding in Italy during the first half of 2026. Real estate now accounts for 80% of equity crowdfunding, while startup and SME financing has decreased. Platform consolidation is accelerating, and stricter regulations are shaping a more mature market. Lending crowdfunding volumes fell by about 50% year-on-year.