Opstart acquires BacktoWork to strengthen its position in the Italian crowdfunding market and enhance service offerings amid evolving regulatory environments.

Target Information

Opstart, a leading Italian crowdfunding platform, recently acquired BacktoWork, another significant player in the crowdfunding sector. This acquisition marks an important step in forming a consolidated entity within the Italian crowdfunding market. The amalgamation brings together a combined user base of approximately 60,000, encompassing over 600 launched campaigns and accumulating a total of 157 million euros in raised capital. As a result, Opstart positions itself as Italy's foremost platform for crowdfunding activities across equity, lending, and debt categories.

Industry Overview in Italy

The crowdfunding industry in Italy has been evolving rapidly, especially following the implementation of the European Crowdfunding Service Providers Regulation (ECSP) on November 10, 2023. This regulation has fostered the establishment of a unified European market for crowdfunding, enabling authorized platforms to operate throughout the EU. The introduction of this market has intensified both national and international competition.

In the Italian context, crowdfunding has taken root as an innovative financing solution, blending traditional finance with alternative investment approaches. Italian platforms have significantly s