Do you get your money back from Indiegogo?
You can request a refund directly from your confirmation email or from your Indiegogo account. To request a refund, please follow these steps. Refunds will be issued based on the payment method used for the contribution, and may take up to five (5) business days to appear on your statement.
Do you get your money back from crowdfunding?
Loan-based crowdfunding means that investors get their money back, usually with interest. And with investment-based crowdfunding, people put money in, usually for a share of your business. So they’ll see the value of their shares rise and fall, but you don’t need to pay back their investment.
What percentage does Indiegogo take?
a five percent
Indiegogo charges a five percent (5%) platform fee on all funds raised for your campaign. Fees are calculated and deducted from the funds you actually raise (not the goal you set).
What percentage of Indiegogo campaigns fail?
Lack of social capital is the #1 reason why most campaigns fail. It is critical to hit the key milestone of reaching at least 30% of your funding goal in the first 48 hours. If you do not hit this mark, the stats show that you have a 65% failure rate.
How do I collect money from Indiegogo?
When do I get my money? Funds raised via credit card are sent to your bank account (less Indiegogo fees) within 15 business days after your deadline. Following disbursements take place every four weeks and it can take 3-5 business days for funds to arrive in your bank account.
Is Indiegogo safe to buy from?
With crowdfunding, there are always risks, so Indiegogo does not guarantee that contributions will be used as promised, that campaign owners will deliver perks, or that campaigns will achieve their goals. However, if our Terms of Use are violated, we will take action on behalf of our backers to make things right.
How safe is Indiegogo?
When do you get a refund from Indiegogo?
For InDemand campaigns, backers may request a refund from Indiegogo up to ten (10) days after the contribution was made unless the perk(s) have already been shipped to the contributor.
When to choose fixed funding for Indiegogo campaign?
Choose fixed funding only if your campaign objective requires a minimum amount of money to be accomplished, and if you cannot fulfill your perks without raising the full goal amount. Choose your funding structure wisely, as it cannot be changed once you launch your campaign.
Are there any fees for Indiegogo backers?
Indiegogo is not responsible for fees incurred by the campaigner as a result of a disbursement – including currency conversion, processing fees, or other bank/financial institution fees. There are no fees applied to Fixed Funding campaigns that don’t meet their goal – all backers are refunded within 5 business days from the campaign’s end date.
Can you keep the money you raise on Indiegogo?
Choose Your Funding Type: Can I Keep My Money? Indiegogo is the only crowdfunding platform where you have the option to keep all your funds even when your campaign does not reach its goal. If playback doesn’t begin shortly, try restarting your device.