Here are some of the most commonly asked questions. You can also ask specific questions to the entrepreneur or get in touch with FundedByMe.
How does Reward-based Crowdfunding work on FundedByMe?
Reward-based Crowdfunding is the method where several individual backers together contribute to financially supporting a company, and in exchange you receive rewards.
How can I back a campaign?
Anyone from anywhere in the world above the age of 18 with a valid credit card can back a campaign on FundedByMe.
Is there a maximum or minimum funding goal?
There is no limit as to how much an entrepreneur can raise, but for the campaign to close successfully, the campaign needs to reach its minimum funding goal. The minimum funding goal is an amount that will ensure the delivery of the promised rewards when the campaign succeeds
Can I pay with my credit or debit card to back a campaign?
Yes. Backers can very easily back a campaign by paying using VISA, MasterCard, Maestro, Diners club and Master pass.
When will my credit card be charged?
Your credit card is charged immediately when you choose to back a campaign. The funds are, however, kept in a secure escrow account until the campaign has successfully closed and met its minimum funding goal.
What happens if the campaign fails to meet its minimum funding goal?
If a campaign fails to meet its minimum funding goal, your funds are refunded to your credit or debit card automatically.
I'd like to request a refund, how can I do this?
To request a refund, simply email firstname.lastname@example.org with your details:
• Your name
• Campaign backed
• Amount backed
Keep in mind that refunds can only be issued while a campaign is still active, and not possible once the campaign has closed successfully. If a campaign has closed successfully, the money cannot be refunded.
How do I redeem my reward?
Rewards will be delivered to backers to their stated addresses, directly by the entrepreneur responsible for the creation of the reward.