Crowdfunding is a way to raise money for an individual or organization by collecting donations through family, friends, friends of friends, strangers, businesses, and more. By using social media, people can reach more potential donors than traditional forms of fundraising.
Before you start crowdfunding, find the best platform for your needs. GoFundMe has compiled this list to help you compare the best online fundraising platform by fees, features, support, and more.
Platform |
Total Raised |
Supporters |
Platform Fee |
Payment Fee |
Important to Know |
|---|---|---|---|---|---|
GoFundMe |
$15B |
50M |
0% |
2.9% + $0.30 |
Can quickly set up withdraws and deposits take an average of 2-5 business days Coaching and account support throughout the fundraising and donation process Easy to use fundraising tools make setup fast (e.g., mobile app and superior add beneficiary feature) The GoFundMe Giving Guarantee – in the very rare case that something isn’t right with a fundraiser, donors may be eligible for a 100% refund of their donation |
Indiegogo |
$1.5B |
10M |
5% |
3.0% + $0.30 |
Offers “flexible funding” Specializes in technology and hardware product launches Regular email support hours; marketing and campaign strategy support |
Kickstarter |
$3B |
15M |
5% |
3.0% + $0.20 |
Specializes in creative projects with robust reward level feature 14-day wait to withdraw and deposits take 5-7 business days Limited email support hours Requires Kickstarter approval to launch a fundraiser |
Fundly |
$330M |
NA |
4.9% |
2.9% + $0.30 |
Can withdraw immediately and deposits take 2-5 business days No donor guarantee policy for fraud protection Limited email support hours |
JustGiving |
NA |
22M |
Nonprofits: |
Nonprofits: |
Supports UK gift aid 14-day wait to withdraw and deposits take 6-10 business days No fraud protection offered Limited email support hours |
|
NA |
NA |
Nonprofit: |
Nonprofit: |
Can withdraw immediately and deposits take 7+ days Zero fees for charities registered with Facebook Nonprofits must undergo a 24-hour charity verification process, slowing down setup No donor guarantee policy |
