As a follow-up to my post yesterday, Top 10 Crowdfunding Platforms of 2018 According to Inc.com, I found a Top 20 list on GoDaddy shortly after I posted the Top 10 list: https://www.godaddy.com/garage/top-20-crowdfunding-platforms/. The first ten are the same as the Inc.com list so I will only mention the ten that weren’t on their list which are Charitable, Lending Club, AngelList, Ulule, Funding Circle, Seed&Spark, Crowdcube, GoGetFunding, Fundable, and Kiva. The first ten platforms are Kickstarter, Indiegogo, Patreon, GoFundMe, Crowdrise (nonprofit focused), PledgeMusic (musician focused), Razoo (nonprofit focused), RocketHub (venture capital focused), Crowdfunder, and Give.
It gives a bit more information on the Top 10 than Inc.com did. On the plus side, this article has links to the website which saved me having to look them up.
Charitable: https://wordpress.org/plugins/charitable/ This is another WordPress plug-in that lets you collect donations through PayPal and doesn’t charge transaction fees for credit card donations. It also accepts Stripe and Authorize.net to accept plastic. You do have to manage your own WordPress blog or have access to somebody who manages one.
Lending Club: https://www.lendingclub.com/ The site is designed for investors who want to invest money while doing some good in return. Borrowers can borrow up to $40,000 for personal loans; the investors earn 5.5 to 7.7% interest as you repay the loan. It’s easier to get a loan from them than a regular bank, and the article mentions they are more likely to fund “unusual projects and ideas” as well as those who need to borrow money for car repairs, new laptop, or a minor medical procedure.
AngelList: https://angel.co/ You can also apply for a job with more than 60,000 start-ups with one application in addition to being a place to invest or find investors or lenders.
Ulule: Ulule. The author chose this one for obvious reasons, but also because they like saying “Ulule.” It focuses on mostly creative projects and it is an international crowdfunding platform that has helped over 16,000 creative ideas in 198 countries. It’s headquartered in Paris, France, but has offices in Barcelona, Spain; Rome, Italy; Antwerp, Belgium; and Montreal, Canada.
Funding Circle: Funding Circle It’s a competitor to Lending Club (see above). It offers small business loans between $25,000 to $50,000 and is a place you can invest money. Interest rates begin at 4.99%.
Seed&Spark: Seed&Spark It’s a filmmaker version of crowdfunding. You can get funding or watch other people’s contributions. Another crowdfunding alternative for filmmakers is Slated. Worth checking out both if you are a filmmaker or in the movie industry.
Crowdcube: Crowdcube One more online investing site for investors and people needing funding. It’s based in the United Kingdom (U. K.) which makes it a U. K./Euro-centric, but they don’t restrict Americans needing funding or wanting to invest. Designed for smaller projects.
GoGetFunding: GoGetFunding Interesting title. It’s similar to GoFundMe (https://www.gofundme.com/ – see previous blog post – Top 10 Crowdfunding Platforms of 2018 According to Inc.com). You can raise funds for personal, nonprofit, or business needs. Need a hearing aid for a Polish D. J., funeral expenses for a German jockey, or a British documentary?
Fundable: Fundable Similar to Kickstarter (https://www.kickstarter.com/). It does cost to be on Fundable – $179/month and you pay 3.5% + $0.30 in fees. You can offer rewards or give equity in your company. Like Kickstarter, it’s all or nothing. Don’t meet your goal, you get no money.
Kiva: Kiva It’s a different crowdfunding platform. You don’t raise money for yourself or your company. You become a microlender to artists and entrepreneurs around the world. As the loans are paid back, you make a little bit of interest off the loan.