Over the years, several methods of getting investments have been introduced. However, one way remains on the top due to the complicated procedures and unfavourable conditions – Crowdfunding. With crowdfunding, individuals and organisations can get funds for their causes and fulfil their financial obligations.
Suppose you want to start a campaign for crowdfunding Romania. In that case, it is vital to choose the right crowdfunding platform that helps you fulfil your needs and provides unique features to streamline your fundraising process.
In this blog, we have covered the top platforms for crowdfunding in Romania. By the end of this write-up, we hope you’ll be able to decide which platform is best suited for you. So, let’s dive in!
Table of Contents
What Are The Best Platforms For Crowdfunding Romania?
Now that we know how crowdfunding is working in Romania, let’s have a look at the leading platforms for crowdfunding Romania.
1. WhyDonate
WhyDonate is the largest European crowdfunding platform, with over 1,000,000 visitors and 700,000 supportive donors. It has premium features that don’t require extra charges; you can access them all for free. Complete payment transparency is maintained, and a responsive website delivers a more user-friendly interface.
With the convenience of custom branding, you can personalise your campaign for fundraising Romania and get content for fundraisers, donation forms and e-mails. Excellent customer service makes it easier to streamline your fundraising processes.
Pricing: 0% Platform Fee | Transaction Fee – 1.9% + € 0.25
- So What Are You Waiting For? Start Your Online Fundraising Campaign Today!
2. GoGetFunding
Started in 2011, GoGetFunding is a prominent UK-based fundraising platform. It allows all types of fundraisers, from personal to creative projects and charitable endeavours, allowing them to leverage their global reach. The easy-to-use interface enables everyone to create their campaign for fundraising Romania in less than five minutes.
Although the fee structure is transparent, it can be high compared to other platforms. Also, with several campaigns running simultaneously, high competition can make it challenging to reach your funding goal. Limited payment options are there because all fees are collected by PayPal, Stripe or via their eWallets.
Pricing: No Joining Fee | 4% Transaction Fee
3. Mightycause
Mightycause was launched in 2007, formerly known as Razoo. The platform provides numerous services like year-round support, marketing, & CRM to streamline fundraising processes. It allows nonprofits to start their campaigns for fundraising Romania at any scale and provides excellent donor management tools, detailed metrics and reporting, and a donation widget for your website.
However, not all campaigns achieve success depending on various factors, including campaign quality, marketing efforts, and donor engagement. However, its high fees justify the features it provides.
Pricing: Essentials Plan – $59/month | Advanced Plan – $99/month | 0.95% and 29¢ Average Processing Rate | 1.99% and 49¢ Flat Processing Rate (PayPal)
4. GoFundMe
Launched in 2010, GoFundMe is one of the most popular fundraising platforms. It’s a go-to option for individuals, nonprofit organisations, and groups seeking funds. Its broad spectrum of funding options includes medical expenses, educational costs, disaster relief, creative projects, and charitable causes.
Due to their extensive donor network, campaigners can reach thousands of donors and streamline their marketing strategies via email, text and social media. However, GoFundMe is not a global platform, so make sure to check whether it operates in your country or not.
Pricing: No Platform Fee | Transaction Fee – 2.9% + £0.25
5. Kickstarter
Kickstarter is one of the best platforms for crowdfunding Romania. Since 2009, it has funded over 200,000 projects. The pioneering platform is known for its focus on creative and innovative projects, spanning categories like technology, art, design, music, film, and more. Its transparent funding structure maintains trust and reliability among its users, and campaigners can get excellent exposure because of its robust donor network.
However, it can be a little challenging to stand out from the crowd due to high competition on the platform. Campaigners need to follow some intelligent fundraising strategies to meet their funding goals. The all-or-nothing approach compels campaigners to create realistic goals because they won’t receive anything if the target is not met.
Pricing: 5% Transaction Cost + 3-5% Payment Processing Fee (Stripe)
6. Justgiving
Justgiving is another reliable option in the list of the leading platforms for crowdfunding in Romania. Founded in 2000, JustGiving has played a pivotal role in helping individuals and nonprofits raise funds for a diverse range of charitable endeavours, including healthcare, education, disaster relief, and more.
Its user-friendly interface, diverse funding opportunities, efficient donation processing, and data analytics help it to stand out from the various platforms for crowdfunding Romania. However, some campaigners might need to follow a lengthy charity verification process. The popularity of this platform is a primary reason for high competition among campaigns.
Pricing: Platform Fee – Voluntary | 5% Gift Aid Fee + 1.9% + 20p Payment Processing Fee (or 2.90%+20p for other currencies)
7. Indiegogo
Indiegogo was started in 2008 and has gained recognition for its versatility, catering to a wide range of crowdfunding needs, including technology innovations, creative endeavours, charitable causes, and personal projects. With its flexible funding model, campaigners can choose whether to receive funds even if their campaign doesn’t reach its goal (flexible) or only if it meets the target (fixed).
Running a successful campaign on Indiegogo requires effective marketing, communication, and campaign management skills. With the right fundraising strategies, campaigners can efficiently unleash their true potential.
Pricing: 3%* + 0.20€ Transaction Fee | 25€ Transfer Fee (varies from currency to currency)
Over To You!
In a nutshell, crowdfunding in Romania is gaining popularity over time. However, our research shows various platforms have been closed, resulting in no Romanian donation-based crowdfunding platforms.
However, in this blog, we have covered the best platforms for crowdfunding Romania, along with their fee structures. Fees can vary according to their individual terms, so make sure to double-check.
We hope that we were able to make it easier for you to have a vivid picture of the most prominent fundraising platforms. If you wish to start your campaign for fundraising in Romania at a 0% platform fee without compromising on exciting features, Click Here!
FAQs (Frequently Asked Questions)
How to choose a reliable crowdfunding platform in Romania?
To choose a reliable crowdfunding platform in Romania, consider the following things:
- Fee Structure
- Donor Network
- Brand Recognition
- Customer Reviews
- Customer Service
- Country Of Operation
- Features
How do crowdfunding platforms work in Romania?
Crowdfunding Romania functions similarly to the other countries. Individuals and organisations can start fundraising campaigns and raise money using their selected platforms. You can also go with offline fundraising ideas, but leveraging online fundraising platforms is an intelligent decision.
Is it a good idea to invest in crowdfunding in Romania?
Investing in crowdfunding in Romania can be a good idea to explore diverse investment opportunities, but it comes with risks, and due diligence is essential.
What crowdfunding types are available in Romania?
Common crowdfunding types available in Romania include rewards-based, equity-based, and donation-based. Donation-based crowdfunding doesn’t give any burden of further liabilities, allowing campaigners to focus solely on marketing their campaigns.
Get Started with Your Crowdfunding Journey Today! Click here!