Payment options

How you will get paid

Project supporters will be charged at the time of making their pledge and the funds will then be transferred to the project owner once the project closes successfully. Payments will be transferred into your bank account within 7 working days after the project has closed. 

You will receive your pledge payments once your project has closed successfully. With ‘All or nothing’ funding, a project is only successful if it hits target. With ‘Keep what you raise’, all projects that raise any funds are considered successful. 

All fees will already have been taken by the time the funds arrive in your account. If your project does not collect any money, you will not be charged any fees.

What are your fees and when am I charged?

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.

Personal and charity crowdfunding (0% fee)

More and more people are now turning to Crowdfunder to quickly raise some money for good – but maybe unexpected – causes. We DO NOT charge a 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. We do not charge a fee for projects that are run by individuals for non-profit or charitable reasons, either. Instead, we give an option for your supporters to donate a little extra when they pledge to help us, help other people with similar projects.

Rewards crowdfunding (3% 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.

Big impact crowdfunding (3% 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.

Transaction fees

Our payment providers apply an additional fee of 1.67% on what you raise, plus 25p and VAT on each pledge made on your project. 

If you added your project after Tuesday, October 9, 2018 (with a 3% fee)

  • Someone pledges £100 on your project
  • Crowdfunder's fee is £3 plus VAT (so £3.60)
  • Our payment provider’s fee is £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 a 5% fee)

  • Someone pledges £100 on your project
  • Crowdfunder's fee is £5 plus VAT (so £6)
  • Our payment provider’s 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 provider's 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.

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.

Need more help?

Don't worry. We're here every step of the way. 

Drop us a line

At support@crowdfunder.co.uk.

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