This platform helps individuals, nonprofits, and companies to crowdfund for causes they care about. They offer both keep-it-all fundraisers or all-or-nothing fundraisers, meaning you don’t get access to your funds until you’ve reached your goal.
Fees: Individuals can choose a fundraising model with no platform fee for organizers (supporters are asked for optional tips). Organizations can choose from a “Standard” or “Pro” model. The “Standard” model has a 5% platform fee plus a payment processing fee. The “Pro” model has a flexible platform fee and payment processing fee.
With Fundly, either individuals or nonprofits can create digital fundraisers for a wide range of causes, including fraternities and sororities, military, and politics.
Fees: Fundly has a 4.9% platform fee as well as a payment processing fee of 2.9% plus 30 cents. The credit card processing fee varies for Stripe and international fundraisers.
Classy is an online fundraising site that is designed for nonprofits and social enterprises. The site comes with a fundraiser reporting tool to help track fundraising progress. Another site feature helps teams organize virtual events, including ticketing and event registration.
Fees: The platform doesn’t disclose pricing for their plans (you can contact the site for a quote), but there are fees for using Classy Pay. Classy Pay is nonprofit payment processing. Fees vary depending on the type of credit card that is used, but most credit card transactions are processed at 2.2% + $0.30 for each transaction.
Crowdfunding sites for musicians and creative projects
Creators seeking funding for particular projects can use the site to bring the project to life. Creators (ranging from individual designers and inventors to large corporations that want to test new product ideas) offer backers rewards, such as a small piece of the project, the first available prototypes, or the products that they are raising money to manufacture. You must raise all the funds you need, or get nothing.
Fees: A service fee of 5%, along with 3% + $0.20 per transaction for payment processing. All or nothing.
If you want help at every stage of your creative or entrepreneurial project, this site offers tools to help you get the job done, from pre-launch to crowdfunding and distribution. You can choose either an all-or-nothing fundraising experience or flexible funding.
Fees: Platform fee of 5%, along with 3% + $0.20 per transaction for payment processing. They have an international transfer fee of $25 when sending funds to banks outside of the US.
This platform allows you to build a fundraiser to gather recurring patronage for your art or other creative projects in the form of monthly subscriptions from fans. Patreon encourages users to offer rewards to fans as a way to repay them for their support.
Fees: Patreon offers three different plans ranging from “Lite,” “Pro,” and “Premium.” Each plan has a Patreon fee which starts at 5% for the “Lite” plan. In addition, they have payment processing fees. In the US, the standard rate is 2.9% + $0.30 per successful transaction over $3. The micropayment rate is 5% + $0.10 per successful transaction of $3 or less.
Crowdfunding sites for business
Fundable is just one of the crowdfunding sites for startups, entrepreneurs, and companies to raise capital from the public through business crowdfunding. The site allows users to offer either rewards or equity in return for financial support.
Fees: $179 a month to fundraise, along with 3.5% + $0.30 per transaction for merchant processing.
If you want to grow your existing business, WeFunder can help you get funded. Your investors receive a small stake in your company, and the platform aims to increase their emotional investment in your success.
Fees: It’s free to start a company profile but they charge a service fee. For Reg CF, there is a 7.5% charge of the total amount raised only if the fundraiser is successful. For Reg A+, there is a flat fee of $375k.