Fees
fundmysaas takes a percentage of what a campaign collects, and only on success. There is no upfront fee and no fee in shares.
The platform fee
| Rate | 5% of each charge |
| When | On each charge that succeeds |
| If a goal is missed or a pledge is released | Nothing |
| If a backer withdraws within 14 days | The fee is refunded with the payment |
The rate is fixed on a campaign when an operator approves it and does not change for that campaign afterwards. A fee is rounded down to the cent.
For a reward priced at EUR 100.00, fundmysaas's fee is EUR 5.00 and the rest of the payment, before Stripe's processing fees, stays on your Stripe account. For a campaign that collects EUR 10,000.00, the fee is EUR 500.00.
Stripe's fees
Stripe's processing fees are separate. Stripe collects them from your account under your agreement with Stripe, and they are shown in your Stripe Dashboard.
Who pays what
- Backers pay the price of the reward and nothing more. fundmysaas adds no fee on top of the price.
- Founders pay fundmysaas's fee and Stripe's processing fees out of the payments they collect.
Invoices and VAT
The founder is the seller of the reward. That means:
- the contract with the backer is the founder's;
- the founder issues the invoice or receipt for the reward and charges VAT where it applies. VAT is due on a prepaid subscription when it is paid;
- the founder's Stripe Dashboard lists the payments and the receipts.
fundmysaas's fee is its own service to the founder. fundmysaas charges VAT on that fee where the law requires it.
Refunds, disputes and chargebacks
Refunds and chargebacks are taken from the founder's Stripe balance, never from fundmysaas.