What is Indiegogo?
Indiegogo is a US-based crowdfunding platform and very popular in Europe.The company was founded in 2008 by Danae Ringelmann, Slava Rubin, and Eric Schell. Indiegogo allows people to raise money for personal causes and projects. Indiegogo accepts all types of projects for fundraising on the website.
How much does Indiegogo cost?
Indiegogo charges a (5%) platform fee on all funds raised for a campaign. Fees are calculated and deducted from the funds one actually raises (not the goal you set). Indiegogo payment processor also charges a processing fee that varies according to your location and currency. Indiegogo charges transaction and transfer fees on each payment.
What is InDemand service in Indiegogo?
Indiegogo launched InDemand service in 2014. This service allows users to get lifetime funding on the projects. InDemand service allows users to continue raising funds on crowdfunding campaigns even after meeting the target goal.
What are the campaign rules on Indiegogo?
Indiegogo does not accept users between the ages of 13 to 17 without parent consonants. Users cannot create any campaign of Illegal activities, alcohol, drugs, weapons, lottery or gambling relative things. If users promote hate, personal injury, death, damage to property, or violates any kind of campaign, Indiegogo suspends them immediately.
What kind of payment methods does Indiegogo accept?
Indiegogo does not give donors too many options, but donors can still support the projects through these mediums Direct credit, Debit cards, Apple Pay and Google Pay.
Alternative of Indiegogo –
Indiegogo is very popular around the world and available in German, French, Spanish and English. Its rating is 2.5, and the platform fee is a bit high. I can suggest WhyDonate can be a good alternative option for Indiegogo. It is available in 5 languages, and the user rating is 4.7. It charges a 0% platform fee, which is another advantage.
|Donation platform||Reviews||Platform costs||Transaction costs||Other costs||Payment methods||launch date|
|WhyDonate||4.7||0%||1.9%+ €0.25||None||OPP, Credit card, PayPal, Bank transfer, Incasso, Sofort, Bancontact, EPS, Giropay, Belfius, KBC||2013|
|GoFundme||4.5||0%||2.9% + €0.25||None||Credit card, iDEAL||2010|
|Goteo||2.9||5%||0.8%||PayPal 3.4% + €0.35||Credit card, PayPal or Virtual Purs drip||2011|
|Kickstarter||4.8||5%||3% + €0.20||None||Credit card||2015|
|Verkami||No reviews||5%||0%||None||Credit card, bank account transfer||2010|
|Indiegogo||2.5||5%||3% + €0.20||€25-Transfer Fee||Direct credit, debit cards, Apple Pay, Google Pay||2008|
|Bolsa Social||No reviews||0%||6%||None||Credit card, Bank transfer||2014|
|Lanzanos||No reviews||5%||0.9% + €0.30||Paypal 3.4% + €0.35||Credit Card, PayPal, Offline Coupons||2011|
|Donorbox||4.5||2%||1.4% + €0.30 (3.4% + €0.35 PayPal)||Complementary integrations (optional)||Credit/debit cards, Apple Pay, low-cost ACH and SEPA bank transfers, Google Pay and PayPal.||2014|
|Ulule||3.5||4.17% – 6.67%||2.9% + €0.30||None||Credit card, Bancontact, iDeal, Direct debit||2010|
|* All tax systems depend on the country’s tax regulations.|