Cooperative

Crowdfund

As a cooperative, we believe in transparency throughout our organisation.

Posting a Project

It's free!

You won't be charged a single penny for posting a project with cooperative crowdfund.

 

 

All funds raised are kept for the project

The project will receive 100% of all the funds raised even if you don't hit your target. You may also be able to apply for a matching loan from UCIT at this stage also.

 

 

No sign-up or monthly fees

There are no setup fees or ongoing admin costs for creating a campaign with cooperative crowdfund.

Donating to a Project

Fees

 

At cooperative crowdfund we believe in keeping any fees to an absolute minimum. We are set up to promote community projects and in doing so we want the maximum of the funds raised to remain in the community. This is unlike other large crowdfunding sites which are privately run and charge 7% upwards on each transaction. 

 

Donorbox Fee

 

We have partnered with Donorbox as the has the lowest payment platform online. The current Fee for using them is 1.5%.

Stripe

 

Stripe is used as the payment processing system as they are much cheaper than most of the traditional banks. Their fee for processing in the UK is currently 1.4% + 20p

 

Our Fee

 

To cover the administration costs of Cooperative crowdfund we currently charge a fee of 3% on each transaction. Any surplus that we accumulate is ploughed back into our cooperative. This means that the overall transaction fee is still well below most of the crowdfunding platforms in the marketplace.

 

 

Example

 

 

 

 

 

Donorbox Fee - 30p

 

 

Stripe Fee - 48p

 

 

Our Fee - 60p

 

 

 

 

 

 

 

 

Total - £21.38

£20 Donation

Cooperative Crowdfund

Making projects happen