
Muscat: Data issued by the Financial Services Authority (FSA) revealed that crowdfunding platforms in the Sultanate of Oman recorded remarkable growth during 2025, in light of the increasing reliance on alternative financing tools and their role in supporting projects and enhancing economic activity.
The number of projects funded through these platforms recorded a significant increase, reaching 243 projects during 2025, compared to 114 projects in 2024. This reflects the growing confidence of entrepreneurs and investors in this financing model and its ability to provide flexible and rapid financing solutions.
In the same context, the total value of financing rose to approximately OMR19 million during 2025, compared to OMR5.9 million in the previous year. This represents a striking growth that confirms the accelerating pace of using these platforms as one of the main financing options in the market.
At the macroeconomic level, the total cumulative financing volume since the start of the activity in 2022 reached about OMR29.4 million, through which 357 projects in multiple sectors were financed. This reflects the broad scope of benefiting from these platforms and consolidates their role in the economic ecosystem.
Furthermore, the number of licensed crowdfunding platforms in 2025 reached around 7 platforms, all of which are active in the market, compared to 9 platforms in previous years. This serves as an indicator of the market's trend toward enhancing efficiency and focusing on the most active and sustainable platforms.
The data shows a gradual development in the sector's performance since its launch, as the number of funded projects increased from 21 projects in 2022 to 49 projects in 2023, then to 114 projects in 2024, reaching 243 projects in 2025. Additionally, the financing value increased from OMR1.7 million in 2022 to OMR2.8 million in 2023, then OMR5.9 million in 2024, reaching OMR19 million in 2025, which reflects the accelerating maturity of this sector.
The projects benefiting from crowdfunding over the past years diversified to include a wide range of economic and service activities, reflecting the flexibility of this financing model and its ability to meet the needs of various sectors. Funded projects encompassed the foodstuff sectors, media and marketing, vehicle services, interior design, commercial activities, shipping and logistics, technology, and the manufacturing of chemical and cleaning products, along with shopping centers and beauty salons.
This diversity confirms the broadening scope of utilising crowdfunding platforms and their role in supporting projects of various sizes and activities, thereby contributing to stimulating entrepreneurship and enhancing economic diversification in the Sultanate of Oman.
Crowdfunding platforms stand out as one of the modern financing solutions that contribute to bridging the financing gap, particularly for SMEs and startup projects. They do so by providing the opportunity for a wide range of investors to participate in funding projects with varying amounts, which enhances access to finance.
These platforms also contribute to diversifying financing sources, enhancing financial inclusion, and supporting innovation, in addition to stimulating the economy by enabling productive projects to grow and expand, making them a supporting pillar for economic development.
This accelerated growth reflects a rising level of investment awareness, alongside the development of the regulatory environment in the Sultanate of Oman. This enhances the attractiveness of this sector and qualifies it for further expansion in the coming years.
It is noteworthy that the FSA began regulating crowdfunding platforms in early 2021 by issuing the legislative and supervisory framework specific to the controls of this activity, ensuring the protection of investors and enhancing market transparency.
The year 2022 witnessed the launch of the first licensed platform in the Sultanate of Oman, followed subsequently by other platforms. This contributed to establishing a secure and reliable digital environment to support entrepreneurs and small and medium enterprises.