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Understanding Crowdfunding Spain
The crowdfunding market in Spain wasn’t very predominant earlier as it is today. In 2015, a regulation was implemented that required all platforms to be registered with the CNMV (Comisión Nacional del Mercado de Valores). The conditions for operating were also very strict. The National Securities Market Commission is a government-owned financial institution that oversees Spain’s securities markets.
In Spain, it is essential that every campaign manager must have the necessary permissions to establish and manage their pages, collect donations, and monitor their progress.
It is also advisable to set donation limits for campaigns, which will ensure that your donors can give a certain amount of money at a time. Having a transparent view of the progress of your platform will allow you to make informed decisions and ensure that your supporters are receiving the most amount of support.
8 Major Donation Crowdfunding Websites In Spain
Before you sign up for a crowdfunding platform in Spain, it’s important that you thoroughly research the various options available in the country. There are so many different donation websites that it’s important to choose the one that’s right for your project. You should also ensure that you have the necessary permissions to raise funds.
1. WhyDonate
One of the best platforms for crowdfunding in Spain is WhyDonate, as it provides its users with various features and benefits without paying a hefty fee. In Spain, crowdfunding is gradually rising, and WhyDonate is already very popular among European users as it allows them to create and manage their own fundraising campaigns without any restrictions. With a 0% platform fee and very nominal transaction fees, users can start fundraising for any of their chosen causes in minutes.
Through WhyDonate, every euro you raise belongs to you, so you can opt for either one-time or recurring donations through the secure online platform. It also has various features allowing users to easily manage their accounts, such as a comprehensive dashboard and custom branding. The WhyDonate team of customer care experts is available to help users resolve any issues that they may have. The data collected and stored by the platform is protected from unauthorised access and is secure.
2. GoGetFunding
In 2011, GoGetFunding was launched and has been one of the most active platforms for making donations in Spain. This platform enables individuals and groups to raise money through various types of campaigns, such as medical expenses and creative projects. It also has tools that allow users to track donations and share their efforts on social media. Many charities in Spain consider GoGetFunding for its wide audience and success rate.
3. Goteo
In Europe, Goteo is a crowdfunding and collective financing platform that enables individuals to make donations to certain projects that require financial support. It also offers various infrastructure and services to help improve the operations of these undertakings.
Goteo allows individuals to have various roles, such as co-founder or presenter. Being a major platform in the region has helped people gain a more profound knowledge of the industry.
4. Fundeen
Fundeen is not a donation-based crowdfunding platform; however, it makes it on the list due to its unique approach to promoting renewable energy projects. Fundeen is an investment crowdfunding platform that has a wide range of projects that are designed to provide investors with financial diversification and opportunities. The goal of the platforms is to provide the general population with a platform to boost sustainable energy generation projects for a better tomorrow.
5. Wishdom
In Spain, crowdfunding is booming with platforms like Wishdom. Wishdom focuses on helping nonprofits and charities in Spain by financing their social projects. The platform offers its services primarily to charity organizations in Spain, and people can make donations in Spain through the WIshdom platform.
6. GoFundMe
With the help of one of the most popular USA-based crowdfunding platforms GoFundMe, individuals in Spain can raise funds for different charitable events and organisations. As a global leader in the event fundraising industry, the platform has numerous partners all over the world. When it comes to crowdfunding Spain, the platform helps non-profit organisations find and collect donations. It can also help them create donation pages and activate recurring donations.
7. Cermi
CERMI is the Spanish Committee of Representatives of Persons with Disabilities which is a collective effort of various state entities and associations that represent the interests of people with disabilities. It aims to provide a platform for political action and meeting and discussing the needs of people with disabilities. It has over 8,000 members and is composed of 19 regional platforms and sectoral action groups. The goal of CERMI has been to improve the living conditions of individuals with disabilities and raise their level of social inclusion.
8. Stockcrowd
Through StockCrowd, organisations in Spain can reach out to their communities and raise funds for their projects with the help of a powerful and efficient crowdfunding platform. The platform helps them connect with their core supporters and raise funds for their projects without the need for intermediaries. The platform offers several plans for its users ranging from starter to premium.
Get Started With Your Fundraiser
Now that you understand the basics of crowdfunding Spain, get started with your campaigns by choosing any of the above-mentioned platforms that best suit your interest. Having a proper knowledge of how crowdfunding works is very important for any fundraiser, and we sincerely hope this article will help you get the knowledge you need to start crowdfunding in Spain.
Start your fundraising campaign now. Happy Fundraising!
