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What are the fees for using Spacehive?
What are the fees for using Spacehive?
Updated over a week ago

It's free to create an account, set up a project page, and start crowdfunding on Spacehive. We only charge fees on successful campaigns to help us continue supporting community projects.

Platform fee

  • 7.5% (+VAT) of your project target

  • Added automatically to your target

  • Included in the amount you'll crowdfund

  • Helps maintain and improve the platform

  • Supports our Project Success team

Transaction fees

Charged by our payment partner Stripe:

  • Card payments: 2.9%

  • Direct Debit: 1% (minimum £0.20, maximum £2)

  • Bank transfer: £0.80 per transaction

Your target amount

  • Initial target includes estimated transaction fees

  • Target adjusts as donations come in

  • Changes based on payment methods used

  • Usually decreases during campaign

  • Final amount visible in your dashboard

Important things to know

  • All fees are included in your target from the start

  • No hidden charges or automated tipping

  • Fees calculated automatically when creating your project

  • All fees covered by your crowd, not taken from your budget

  • For Keep What You Raise projects, fees apply to amount raised

Example calculation

For a £10,000 project:

  • Project costs: £10,000

  • Platform fee: £750 (+VAT)

  • Transaction fees: Added automatically

  • Total crowdfunding target: £11,100 (approximately)

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