If you’ve ever had a need or desire to fundraise online you’ve probably done a quick Google Search to find the best option that fits your needs, only to find the list of potential crowdfunding platforms to choose from is EXTENSIVE and they all have various pros and cons.
Not everyone has the time to look at each platform in detail, so it can be overwhelming to know which one to choose.
That’s why, in this blog, we’ll take a look at five of the most popular crowdfunding platforms, including our own, and compare each of them to show why you should ALWAYS choose GiveSendGo to fundraise for your cause.
Indigogo
Indigogo is known as a crowdfunding platform primarily for creative and entrepreneurial projects. In addition to crowdfunding they offer services such as pre-launch and distribution.
Interestingly, Indigogo allows its users the choice between flexible fundraising or an all-or-nothing fundraising model, meaning the campaign owner can only receive the money they’ve raised if they reach their goal.
Unfortunately, we’ve recently seen Indigogo deplatform and censor campaign owners and their campaigns. Many of those people have come to GiveSendGo as a result.
Fees: Indigogo has a platform fee of 5% and a processing rate of 3% + $0.20. Additionally, they charge another $25 to send funds to banks internationally.
Kickstarter
Kickstarter proudly states that its platform is used to “bring a project to life”. As you may have guessed, their platform is used mainly by creators (both popular and just starting out) for projects and startups.
There are a plethora of visual examples on their main page as well as current and previously successful campaign projects.
Fees: Kickstarter will only release the funds that were raised to a campaign owner if they reached their goal. They also have a platform fee of 5% and a processing fee of 3% + $0.20.
GoFundMe
GoFundMe is best known for personal fundraising in addition to fundraising for nonprofits. They offer a donor protection guarantee, allow you to view campaigns near you, and provide all the other general crowdfunding features.
While GoFundMe is probably one of the most widely known crowdfunding platforms, it’s not necessarily always for the best reasons.
GoFundMe has had a habit of deplatforming and censoring many campaigns that have been started on their site simply for not agreeing with the campaign or the campaign owner. This has forced users to look elsewhere for other fundraising solutions.
Fees: Like GiveSendGo they do not charge a platform fee, but their processing fee is 2.9% + $0.30.
Fundly
Like GiveSendGo, Fundly is a Christian crowdfunding platform. Their primary focus is on churches and religious organizations.
Their platform dawns all the general crowdfunding capabilities and features such as campaign updates, giving levels, social sharing integrations, a campaign image and video gallery, and a campaign description box.
Fundly also has a free app available.
Fees: While starting a campaign on Fundly is free to do, once you start receiving donations Fundly charges a 4.9% platform fee in addition to a 2.9% + $0.30 processing fee.
GiveSendGo
GiveSendGo was created by Christians for everyone. Our mission is to share the hope of Jesus through crowdfunding. We believe crowdfunding is about so much more than just meeting people’s material needs. It’s also about providing hope for people’s spiritual needs.
That’s why GiveSendGo puts such a huge emphasis on prayer. First, we’re the only crowdfunding platform with a team of prayer partners. This team is dedicated to calling campaign owners on our site to pray for them and their fundraising endeavors. Second, we’re also the first and only platform to have a “Pray Now” button on each campaign, allowing prayers to be sent and received. Third, GiveSendGo also has a prayer wall where anyone can go to share a praise or prayer request so people can pray for them (including the prayer team who closely monitors the page).
And we want you to share the hope with the people around you by using GiveSendGo to raise money for the people and causes you care about!
GiveSendGo is also cheaper! A common thread you may have seen when reading this article is that other platforms charge a platform fee, a lofty processing fee, or both. But not GiveSendGo! GiveSendGo’s platform is entirely FREE to use. They don’t charge a platform fee. In fact, GiveSendGo was the first crowdfunding platform to operate off of a generosity model, meaning people only give to GiveSendGo when they choose to and want to show their support for the platform.
Fees: GiveSendGo recently lowered their third-party’s processing rate to 2.7% + $0.30 to be lower than their competitors!
GiveSendGo has also become known as the leader in freedom fundraising. Many crowdfunding platforms, including the ones mentioned in this list, are quick to deplatform or censor campaigns they don’t agree with. However, GiveSendGo believes everyone has a voice that deserves to be heard. We’re adamant that we protect people’s right to fundraise for who and what they love, despite the views of society, the media, and even how we may feel about you and your campaign.
Choosing GiveSendGo to fundraise for your cause sounds like a no-brainer at this point, right?!