How expensive is this funding option?
PPL charges 5% (+VAT) of the total amount raised, only if the funding target is reached or if the donations are unconditional. An additional 2% fee (+VAT) is charged to cover payment costs.
If the goal is not reached and there are no unconditional donationns, there are no costs and the money is sent back to the supporters.
For example: For a project that raises 1000 EUR, PPL would charge 50 EUR + VAT, or 61,50 EUR including VAT at 23%. Add 24,6 EUR to cover payment fees for a total of 86,1 EUR.