What is Fundly? How Does Fundly Work?

Fundly is a crowdfunding platform that allows individuals, nonprofits, and other organizations to raise money for various causes, projects, and events. The platform provides tools for creating and sharing fundraising campaigns through social media and email, and allows donors to contribute to campaigns using various payment methods. Fundly also offers features such as customizable fundraising pages, campaign updates, and donor management tools to help organizers and nonprofits effectively manage their campaigns and track their progress. Fundly is commonly used for fundraising for personal causes, medical expenses, education, non-profit organizations, and disaster relief efforts.

Who can use Fundly?

Fundly is a platform that can be used by individuals, nonprofits, schools, charities, and other organizations to raise money for various causes and projects. Here are some examples of who can use Fundly:

  1. Individuals: Anyone can create a Fundly campaign to raise money for a personal cause, such as medical expenses, education, or special events.
  2. Nonprofits: Nonprofit organizations can use Fundly to fundraise for their causes, such as supporting a specific program or raising funds for operational costs.
  3. Schools: Schools can use Fundly to raise money for projects such as new playground equipment, educational trips, or classroom supplies.
  4. Charities: Charitable organizations can use Fundly to raise money for disaster relief efforts, supporting a particular community or group, or fundraising for research.

Overall, Fundly is a platform that can be used by anyone looking to raise money for a cause, project, or event.

Is Fundly any Good?

Fundly is generally considered a good crowdfunding platform for individuals, nonprofits, schools, and other organizations looking to raise money for various causes and projects. Here are some reasons why:

  • Easy to use: Fundly’s platform is user-friendly and easy to navigate, making it easy for both organizers and donors to use.
  • Customizable campaigns: Fundly allows organizers to create customizable fundraising campaigns that can be tailored to specific causes or projects.
  • Social media integration: Fundly integrates with social media platforms, allowing organizers to promote their campaigns and reach a wider audience.
  • Mobile-friendly: Fundly’s platform is mobile-friendly, allowing donors to contribute to campaigns on-the-go.
  • Good customer support: Fundly offers customer support to help organizers with any issues or questions they may have during the fundraising process.
  • No platform fees: Fundly doesn’t charge any platform fees, so organizers keep more of the money raised.

However, it’s worth noting that Fundly, like any crowdfunding platform, relies on the efforts of the organizers to promote their campaigns and reach their fundraising goals. Overall, Fundly is a good option for those looking to raise money for various causes and projects.

What countries are supported on Fundly?

Fundly is available to users in many countries around the world. However, the platform primarily operates in the United States and Canada. While Fundly is available in other countries, some of its features may not be available or fully supported in all regions.

When creating a campaign on Fundly, organizers are required to provide their location and may be required to provide additional information depending on their country’s regulations. Donors can also contribute to campaigns from most countries, although they may be subject to international transaction fees depending on their location and payment method.

It’s important for organizers and donors to review Fundly’s terms and conditions and verify that the platform supports their country before creating or contributing to a campaign.

What is the difference between GoFundMe and Fundly?

GoFundMe and Fundly are both popular crowdfunding platforms that allow individuals, nonprofits, and other organizations to raise money for various causes, projects, and events. While they share some similarities, there are also some key differences between the two platforms.

  • Fees: GoFundMe charges a 2.9% platform fee and a payment processing fee of 30 cents per donation, while Fundly doesn’t charge any platform fees and only charges payment processing fees.
  • International support: GoFundMe supports campaigns in more countries than Fundly, making it a better choice for international fundraising campaigns.
  • Payment processing: GoFundMe uses WePay to process payments, while Fundly uses Stripe. Some donors may prefer one payment processor over the other.
  • Brand recognition: GoFundMe is a more well-known brand than Fundly, which may make it easier to promote and gain traction for campaigns.
  • Features: GoFundMe offers more advanced features, such as campaign coaching and marketing support, while Fundly is more focused on providing a simple and user-friendly platform.

Ultimately, the choice between GoFundMe and Fundly will depend on the specific needs of the campaign and the preferences of the organizers and donors. Both platforms have their own strengths and weaknesses, and it’s important to carefully consider the features, fees, and support offered by each platform before choosing one.

How does Fundly pay you?

Fundly pays campaign organizers using Stripe, a third-party payment processor. When donors contribute to a campaign, their payments are processed by Stripe, which deducts a payment processing fee (usually around 2.9% + 30 cents per transaction) before transferring the remaining funds to the organizer’s Stripe account. From there, organizers can transfer the funds to their bank account or debit card.

To receive payments on Fundly, organizers must first set up a Stripe account and connect it to their Fundly campaign. This process typically involves providing some basic information, such as the organizer’s name and address, and verifying their identity and bank account information. Once the Stripe account is set up, organizers can begin accepting donations and receiving payments.

It’s important to note that it can take a few days for payments to be processed and transferred to the organizer’s bank account, so organizers should plan accordingly when setting fundraising goals and timelines. Additionally, organizers should be aware of any fees associated with receiving payments, such as international transfer fees or fees charged by their bank.

FAQs

What is Fundly?

Fundly is a crowdfunding platform that allows individuals, nonprofits, schools, and other organizations to raise money for various causes and projects.

How does Fundly pay you?

Fundly pays campaign organizers using Stripe, a third-party payment processor. Donors’ payments are processed by Stripe, which deducts a payment processing fee before transferring the remaining funds to the organizer’s Stripe account.

Is Fundly any good?

Fundly has received positive reviews for its user-friendly platform, customizable campaigns, and lack of platform fees. However, as with any crowdfunding platform, the success of a campaign ultimately depends on many factors, including the campaign’s promotion, target audience, and fundraising goals.

What countries are supported on Fundly?

Fundly is available in many countries around the world, but it primarily operates in the United States and Canada. While the platform is available in other countries, some features may not be fully supported in all regions.

How does Fundly compare to GoFundMe?

Fundly and GoFundMe are both popular crowdfunding platforms, but they differ in their fees, international support, payment processing, brand recognition, and features. Ultimately, the choice between the two platforms will depend on the specific needs of the campaign and the preferences of the organizers and donors.

Conclusion

In conclusion, Fundly is a popular crowdfunding platform that allows individuals, nonprofits, schools, and other organizations to raise money for various causes and projects. Fundly’s platform is user-friendly, customizable, and integrates with social media, making it easy for organizers to promote their campaigns and reach a wider audience. Fundly doesn’t charge any platform fees, and payments are processed through Stripe, a third-party payment processor. While Fundly is available in many countries around the world, it primarily operates in the United States and Canada. Ultimately, the choice between Fundly and other crowdfunding platforms like GoFundMe will depend on the specific needs of the campaign and the preferences of the organizers and donors.

Leave a Comment