How To Set Up A Fund Me Account

Crowdfunding has rapidly gained popularity equally an alternative way for businesses to heighten coin. Largely because it doesn't require winning over investors.

Since the pandemic started, nosotros have seen capital becoming harder and harder to come by. This has taken a big toll on most businesses as some have been forced to downsize or shut down completely.

Still, in that location are many platforms where people can crowdfund to raise money. Whether you lot're funding a startup, creative try, or raising money for a cause or project, crowdfunding platforms tin help you achieve that. The good function is that yous do n0t have to pay back as the money you lot raise is gratuitous.

One such crowdfunding platforms is GoFundMe, the world's largest crowdfunding platform.

READ: CrowdFunding: Who is qualified according to new SEC Guidelines

What is GoFundMe?

GoFundMe is the world's largest crowdfunding platform with a community of more than fifty million donors and over $nine billion raised and so far. GoFundMe is changing the way the world gives.

With GoFundMe, it'south piece of cake to raise funds for yourself, your family, or for the causes you are most passionate about. This can include anything from medical expenses, education costs, trips & aspirations, volunteer programs, youth sports, funerals & memorials, or animals and pets. Donors from all over the world tin securely donate using whatsoever major credit or debit carte.

Setting up a GoFundMe account is completely free.

READ: Personal data of 533 million Facebook users leaked on a hacking forum

How to gear up up a GoFundMe account

Click "Start a GoFundMe" from their homepage.
You volition automatically be prompted to sign in or sign up for a GoFundMe business relationship. If you don't accept a GoFundMe business relationship, y'all can sign up with your proper name, email address, and password.
Afterwards signing in, you volition be prompted to create a fundraiser.
The next step will be to enter the basic data about your entrada like title, the purpose of fund; personal fundraiser (for an individual or organisation) or certified charity fundraiser (for a clemency or not-turn a profit). You can likewise edit this afterwards.
Choose a goal amount; this reflects how much you're looking to raise.
Add an image to brand your fundraiser more trustworthy.
Write a compelling story this should cover who you are, what yous're raising funds for, and how the money will be spent.

You tin can at present share the link to your GoFundMe online to offset receiving donations.

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How much does information technology cost to setup a GoFundMe?

The company charges a 0% Platform Fee for organizers. GoFundMe just charges 2.9% transaction fees + $0.30 per donation including debit and credit card charges.

What you should know virtually setting up GoFundMe in Nigeria

GoFundMe is currently available in 19 countries in the world. It is non available in Nigeria yet, but you can still leverage the platform to enhance coin past request someone in one of the supported countries to enhance money for you lot instead. This tertiary party can help y'all set up and likewise add y'all as a beneficiary so that you can also track the progress of your fundraiser.

Janet John is a graduate of Chemical Engineering from the University of Uyo. She specializes in technical writing where she creates easy to read documentation, articles to clearly and efficiently explain highly complex processes. When she is not writing, she works as a freelance front end-end programmer