5 Online Fundraising Websites for Various Projects

5 Online Fundraising Websites for Various Projects

In the last few years, crowdfunding has begun to be used more and more by entrepreneurs who dare to dream big but do not have deep pockets. This type of crowdsourcing is regarded as the ideal way of raising funds for projects which need massive investment. If the project is scalable and seems to have potential, it can be easier to get financial support from backers. If you feel that you have a great project idea that needs some financial backing, here are some top crowdfunding websites that can help you to launch your crowdfunding campaign.

LendingClub.com

This is an innovative lending platform which can help members to invest and borrow money directly from lenders, but at much lower rates than offered by banks. When traditional funding is not available, this type of financing can be a proper solution. This is one of the best online fundraising sites that can help borrow money with ease, and not go for loans.

Profounder.com

It is quite different from other crowd funding sites such as Startup Addict or Kickstarter, given that it is dedicated completely to funding of companies by getting hold of investors who would like to get return on their investment in the form of a share of the generated revenue. The fundraising website also offers a marketing platform which can promote your enterprise on the social networking websites and other online media. The site can be used for free to create offer and pitching for investment.

Peerbackers.com

This crowdfunding platform is targeted especially towards entrepreneurs. However, unlike many of the other crowdfunding websites out there, it lets entrepreneurs get their funds when 80% of pledges are attained. Similar to most other online fundraising sites, it does not allow entrepreneurs to debt or sell shares for the investment. Rather, the entrepreneur offers various rewards, such as samples of his products on the basis of the investment size.

MyEFunder

This site is meant for crowdsourcing projects. This is a project funding system that is threshold based, in which investors can get the money only when the threshold level is satisfied. If the level is not met, the money is given back to pledgers. It allows raising money for all types of startups, including non-profit organizations.

Crowdrise

This fundraising website is meant for gathering funds for projects that attempt to create a better world. It is the perfect crowdfunding platform that is driven by charity, although it can also be used for gathering finances for personal projects.

Keywords: crowdfund, crowdsourcing, crowdfunding websites, crowdfunding platform, online fundraising sites, crowd funding sites, fundraising website

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