Razoo
Crowdfunding platform for raising funds for various causes.
Website: razoo.com/p/nonprofits
File Under: Crowdfunding | Fundraising
Uses:
- Create customizable fundraising webpages
- Setup fundraisers with all donations going directly to charity
- Raise money as a team, with leaderboards to track and compare progress
- Tell your nonprofit’s story through words, images and videos
Pros:
- Donations can be made directly from your website or Facebook, making it easier for existing supporters to donate
- Can help gain more exposure for your nonprofit/cause
- Can accept donations without being required to sign up for an account
- Provides charitable gift receipts and easy electronic payments
- Mobile-friendly site—can collect donations from anywhere including smartphones and tablets
Cons:
- 4.9% platform fee is relatively high
- Takes a while to receive funds—Razoo pays out only once a month instead of within a couple days of receiving the donation
Pricing:
- Platform fee: 4.9%/donation
- Payment fee: 2.0% + $0.30/donation
