Indiegogo vs. Kickstarter

Probably the biggest difference between the two platforms is their approach to money and when you get it. Kickstarter releases funds only after the campaign reaches its funding goal. Indiegogo provides you with an opportunity to choose between receiving funding as it comes in, or waiting to see if you hit your target.

1. Can Indiegogo be trusted?
2. What percentage does Indiegogo take?
3. Which is better Indiegogo or GoFundMe?
4. Which crowdfunding site is the best?
5. Can you lose money on Indiegogo?
6. Can you get your money back from Indiegogo?
7. How long does Indiegogo take to pay you?
8. How long can an Indiegogo campaign last?
9. Does Indiegogo charge immediately?
10. What happens to the money if a Kickstarter project fails?
11. Do you have to repay crowdfunding?
12. What is the best free fundraising website?

Can Indiegogo be trusted?

Backers are rightfully wary of Indiegogo, but they know the nature of the platform and are also able to detect campaigns that are not trustworthy. Once you earn the audience's trust, it's easier to succeed on Indiegogo even after a successful fund-raiser.

What percentage does Indiegogo take?

Indiegogo charges a five percent (5%) platform fee on all funds raised for your campaign. Fees are calculated and deducted from the funds you actually raise (not the goal you set). Our payment processor also charges a processing fee that varies according to your location and currency.

Which is better Indiegogo or GoFundMe?

Depending on how much money you're looking to raise – and how confident you are in marketing your campaign – GoFundMe is a perfectly adequate option for fundraising your campaign. Indiegogo is a good option if your project doesn't fall into the specific categories that other crowdfunding sites cater to.

Which crowdfunding site is the best?

The 7 Best Crowdfunding Sites of 2021

• Best Overall: Kickstarter.
• Runner-Up, Best Overall: Indiegogo.
• Best for Nonprofits: Causes.
• Best for Creators: Patreon.
• Best for Personal Fundraising: GoFundMe.
• Best for Equity Crowdfunding: CircleUp.
• Best for Business Loans: LendingClub.

Can you lose money on Indiegogo?

Indiegogo is the only crowdfunding platform where you have the option to keep all your funds even when your campaign does not reach its goal.

Can you get your money back from Indiegogo?

You can request a refund directly from your confirmation email or from your Indiegogo account. To request a refund, please follow these steps. Refunds will be issued based on the payment method used for the contribution, and may take up to five (5) business days to appear on your statement.

How long does Indiegogo take to pay you?

When do I get my money? Funds raised via credit card are sent to your bank account (less Indiegogo fees) within 15 business days after your deadline. Following disbursements take place every four weeks and it can take 3-5 business days for funds to arrive in your bank account.

How long can an Indiegogo campaign last?

Indiegogo campaigns are automatically set for a maximum run time of 60 days, but we may choose to offer an extension in our sole discretion. However, we've found the sweet spot for campaigns is around 30-40 days- see Choose Launch Date & Deadline.

Does Indiegogo charge immediately?

Please note: Your credit card will be charged the contribution amount immediately if your transaction was successful, not at the end of the campaign. Thank you for being part of our backer community and bringing ideas to life!

What happens to the money if a Kickstarter project fails?

If the project meets its goals and backers' money is deducted, Kickstarter is no longer involved. If the project creator fails to deliver, it is bad press for them. They will also be reported as a scam, but generally, there's nothing that can be done once the money is donated.

Do you have to repay crowdfunding?

Loan-based crowdfunding means that investors get their money back, usually with interest. And with investment-based crowdfunding, people put money in, usually for a share of your business. So they'll see the value of their shares rise and fall, but you don't need to pay back their investment.

What is the best free fundraising website?

What Do the Top Free Fundraising Websites Cost?