# Crowdfunder reduces fees for community share offers

- Link: https://fundraising.co.uk/2024/01/25/crowdfunder-reduces-fees-for-community-share-offers/
- Published: 2024-01-25T09:43:15+00:00
- Author: Melanie May

**Crowdfunder is reducing fees for all community share offers through a new partnership
with Co-operatives UK.**

Crowdfunder’s platform fee for [community share offers](https://www.crowdfunder.co.uk/community-shares)
is now 3% + VAT on the first £300,000 raised and 2% + VAT on any amount raised over
£300,000.

2024 also sees Crowdfunder offering a 0.5% platform fee discount on the initial 
£300,000 raised for share offers that hold the Community Shares Standard Mark before
they go live. The transaction fee will remain unchanged at 2.4% (+ 20p per pledge)
+ VAT for UK and EEA transactions. The Standard Mark represents a commitment to 
nationally agreed-upon standards for best practices in community share offers.

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Max Upton, Head of Campaigns & Special Projects at Crowdfunder,** **said:

> “Community ownership is at the forefront of our strategy in 2024, and we believe
> this fee reduction and teaming up with Co-operatives UK will significantly support
> communities in gaining control of the assets that matter most to them. Over the
> last 8 years, Crowdfunder has successfully raised over £20mn for community share
> offers, transforming pubs, sports clubs, music venues, community energy initiatives,
> and more, across the UK. By working together, we aim to help raise even more over
> the coming years.”

John Dawson, Head of Market Development & Investment at Co-operatives UK,** **said:

> “We are delighted that Crowdfunder has recognised the huge value of the Community
> Shares Standard Mark by offering this discount. The mark is instrumental in the
> process of improving share offers, reassuring investors, and attracting other 
> funding. Co-operatives UK has been at the forefront of the community shares revolution
> for over a decade, helping communities raise over £200mn in investment. We know
> co-operatives and community benefit societies using community shares are incredibly
> resilient – with a 92% survival rate. We hope that rate will inch even higher 
> as even more community share offers achieve the mark.”

Crowdfunder also [recently announced new joint CEOs](https://fundraising.co.uk/2024/01/16/new-joint-ceos-announced-for-crowdfunder-as-rob-love-steps-down/)
with company Founder and CEO Rob Love stepping down. Dawn Bébe and Simon Deverell