Crowdfunding is one of the ways to fund a startup business. It is the practice of funding a project or venture by raising money from a large number of people, typically via the Internet. With the numerous crowdfunding platforms out there, you may be confused about finding a reliable crowdfunding option. In this post, we will highlight the best crowdfunding platforms in Nigeria.
1. Donorbox
Donorbox is one of the most powerful crowdfunding platforms for nonprofits. Over 50,000+ nonprofit organizations across 40+ countries use Donorbox as their go-to donation platform for their fundraising needs.
Donorbox charges 1.5% as platform fees which is the lowest in the nonprofit sector. Customizable donation forms, dedicated campaign updates, efficient recurring donation system, goal meter and donor wall are its prominent features.
2. Kickstarter.
Kickstarter is a funding platform for creative projects. It is a great platform for artists, filmmakers, musicians, designers, writers, illustrators, explorers, curators, promoters, performers, and others to bring their projects and ambitions to life. Project creators inspire people to open their wallets by offering products, benefits, and fun experiences.
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It’s free to create a fundraising project on Kickstarter, but once it’s successfully funded, Kickstarter applies a 5% fee to collected funds and also a processing fee between 3-5%.
3. NaijaFund.
NaijaFund is a crowdfunding platform that is suitable for everyone and enables people to raise funds for anything including business.
The platform allows users to connect their accounts with social media networks where they can easily ask for funds. These include friends, family, friends of friends, community leaders, pastors, and others. While it’s free to create and share your online fundraising campaign, NaijaFund will deduct a 10% fee from each donation that you receive.
4. Fundanenterprise.
Fundanenterprise is a donation-based crowdfunding website built specifically for fundraising activities. It is solely in the form of grants to support start-ups, micro, small and medium-sized enterprises in Nigeria and beyond.
According to DailyTrust News, Fundanenterprise is here, not only to provide the much-needed relief to start-ups, small and growing businesses but to change the way Nigerians in particular and the world in general support business operations.
5. GoFundMe
GoFundMe is the world’s largest social fundraising platform for individuals, teams, and nonprofits with a giving community of more than 50 million worldwide. It is one of the best crowdfunding sites for personal fundraising. Although GoFundMe has a large community, and can easily raise funds in less time, they are more inclined to social fundraising. As a result, this may not be the best option for your business
6. Patreon
Patreon is one of the popular crowdfunding platforms in Nigeria. They enable internet creators such as bloggers, music artists, YouTubers etc, to raise money from their users.
With Patreon, if you are an internet creator, you can build a strong community of loyal and dedicated supporters who will contribute to funding your work.
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Patreon fee starts at 5% excluding processing fees.
