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Crowdfunding has revolutionized the way people raise money for their projects, businesses, and causes. It’s a popular method of financing that allows individuals and organizations to pool together small contributions from a large number of people. In this article, we’ll be discussing the top 10 crowdfunding platforms for 2023.
Kickstarter
Kickstarter is one of the most popular crowdfunding platforms, known for its creative and innovative projects. It’s a rewards-based platform, where backers receive rewards in exchange for their contributions. Kickstarter takes a 5% fee from the total amount raised, and projects must meet their funding goal to receive the funds.
Indiegogo
Indiegogo is another popular crowdfunding platform that offers both rewards-based and equity-based crowdfunding. It allows creators to keep the funds they raise, even if they don’t meet their funding goal. Indiegogo takes a 5% fee from the total amount raised for rewards-based campaigns and a 7% fee for equity-based campaigns.
GoFundMe
GoFundMe is a popular platform for personal fundraising, such as medical bills, education expenses, and community projects. It’s a donation-based platform, where backers can contribute any amount without receiving rewards. GoFundMe takes a 2.9% fee plus 30 cents per donation.
Patreon
Patreon is a crowdfunding platform that focuses on ongoing support for creators, such as musicians, writers, and artists. It allows backers to pledge a monthly amount in exchange for exclusive content and rewards. Patreon takes a 5% fee plus payment processing fees.
Crowdfunder
Crowdfunder is a platform for equity-based crowdfunding, where backers receive a share of ownership in the company. It’s a popular platform for startups and early-stage companies. Crowdfunder takes a 5% fee plus payment processing fees.
SeedInvest
SeedInvest is another platform for equity-based crowdfunding, focused on early-stage startups. It offers a range of investment options, from individual investments to venture funds. SeedInvest takes a 7.5% fee on successful campaigns.
Fundable
Fundable is a platform for equity-based crowdfunding, focused on startups and small businesses. It offers a range of investment options, including convertible notes and revenue-sharing agreements. Fundable takes a 3.5% fee on successful campaigns.
Crowdcube
Crowdcube is a platform for equity-based crowdfunding, focused on startups and early-stage companies in the UK and Europe. It offers a range of investment options, from individual investments to venture funds. Crowdcube takes a 7% fee on successful campaigns.
Kiva
Kiva is a platform for micro-lending, focused on providing loans to entrepreneurs and small business owners in developing countries. It allows backers to lend as little as $25 and receive updates on the borrower’s progress. Kiva doesn’t charge any fees, but takes a percentage of the interest paid by borrowers.
DonorsChoose
DonorsChoose is a platform for fundraising for public school projects and classroom materials. It allows teachers to create project proposals and receive donations from backers. DonorsChoose takes a 15% fee on successful campaigns.
When selecting a crowdfunding platform, it’s important to consider the type of campaign you’re running and the fees charged by the platform. Rewards-based platforms are ideal for creative and innovative projects, while donation-based platforms are better suited for personal fundraising. Equity-based platforms are ideal for startups and early-stage companies. It’s also important to consider the platform’s user interface, payment processing, and customer support.
