Crowdfunding is a growing form of start-up funding and is estimated to turn over 5.1 billion USD in the future (Teigland & Ingram, 2013). This may not be a big part of the global economy but still very important, because this capital helps start-up ventures to emerge and help them to evolve in a way they could not if it was not for crowdfunding. The findings of this paper deduces that nationality does not have an impact on the transactions decision of Swedish crowdfunders. Support for other hypothesis are also found, which could be helpful for future research about how crowdfunders transaction decisions is influenced.