NOTE: If your project is part of the coronavirus response for businesses and communities, you will not be charged any fees. Find the terms and how to qualify for 100% free crowdfunding during this time here: http://help.crowdfunder.co.uk/en/articles/3826911-how-can-i-use-the-100-free-crowdfunding-model-to-fight-the-coronavirus-crisis
Crowdfunder fee
Crowdfunder's mission is to tackle society's challenges through crowdfunding and to help us achieve that, we have a variable fees model.
That means the fee we charge depends on the type of project you need to run to raise money for.
Any fee we do charge helps us to improve our website for our community, adding new features to give people the best possible chance of making their ideas happen.
It also helps us to increase its performance so that it provides the best possible platform for crowdfunding great ideas.
Transaction fee
Crowdfunder charges a payment processing fee of 1.67% on what you raise, plus 25p and VAT on each pledge made on all projects except Charity Fundraisers. Non-EU cards (i.e. a pledge from the US), the fee is 3.25%, plus 25p and VAT on each pledge.
If you enter bank details when setting up your project then transaction fees will be applied to your project.
Rewards crowdfunding
Fees: 3% Crowdfunder fee plus the transaction fee
We charge a 3% fee plus VAT for projects run by individuals or organisations to make their ideas happen. Projects on Crowdfunder come in all shapes and sizes but whether you're working alone or part of a start-up, social enterprise, charity, non-profit community group, this is the route for you. We also leave an option for your supporters to leave an extra donation when they pledge which we invest back into the platform to help us with our mission to make great ideas happen across the UK.
Charity fundraiser
Fees: Zero
We want to ‘give more’ to benefit you and the charities you fundraiser for. All the funds you raise go directly to your chosen charity. We DO NOT charge any fees for charity fundraisers. Instead, we give an option for your supporters to donate a little extra when they pledge. Crowdfunder has around 20,000 registered charities active on our platform which means anyone can choose the charity that means most to them and get a fundraiser setup in minutes without the need to add and then verify any personal banking details to receive the funds. All donations including Gift Aid are handled by us.
Personal fundraiser
Fees: Only the transaction fee will be applied
More and more people are now turning to Crowdfunder to quickly raise some money for good – but maybe unexpected – personal causes. We do not charge a Crowdfunder fee for projects run by individuals for personal or charitable causes. Things such as medical, funeral, education or veterinary bills are good examples of personal crowdfunding projects.This type of fundraiser is slightly different to a charity fundraiser in that we need you to setup and verify a bank account to receive the funds, but the setting up a fundraiser for a personal cause is very straightforward and easy. And of course we do charge a platform fee for charity or personal cause fundraisers. Instead, we give an option to ask your supporters to voluntarily donate a little extra when they pledge.
Big Impact crowdfunding
Fees: 3% Crowdfunder fee plus the transaction fee
If you're someone looking to make a big impact through crowdfunding, and need more than £50,000 to make your idea happen then get in touch. We're invested in your success so we will dedicate one of our expert coaches to support your project and charge a 3% fee plus VAT. Your supporters will have an option when they pledge their support to leave an extra donation which we invest back into our mission to make great ideas happen across the UK.
Fees example
If you added your project with 3% fees:
- Someone pledges £100 on your project
- Crowdfunder's fee is £3 plus VAT (so £3.60)
- We charge a payment processing fee £1.67 plus 25p
- And VAT is added to the payment fees at 38p
A total of £5.90 would be charged for a pledge of £100 on your project, so you would receive £94.10.
When pledges are made on non-EU cards (i.e. a pledge from the US), the payment provider's fee would be 3.25%, plus 25p and VAT on each pledge.
Therefore £7.80 would be taken for a pledge of £100 in this instance, so you would receive £92.20.
If you added your project before Tuesday, October 9, 2018 with 5% fees
Here's how that would breakdown for a £100 pledge you might receive:
Someone pledges £100 on your project
Crowdfunder's fee is £5 plus VAT (so £6)
Our payment processing fee is £1.67 plus 25p
And VAT is added to the payment fees at 38p
A total of £8.30 would be charged for a pledge of £100 on your project, so you would receive £91.70.
When pledges are made on non-EU cards (i.e. a pledge from the US), the payment processing fee would be 3.25%, plus 25p and VAT on each pledge. Therefore £10.20 would be taken for a pledge of £100 in this instance, so you would receive £89.90.
If your project does not collect any money, then you will not be charged any fees.