User:Rezasamad/sandbox

Fundstak is a global online crowdfunding portal, that helps people and organizations raise money online for almost anything from creative projects such as making a short movie, developing a video game or a new invention to equity projects for starting or growing a business to loans for business or personal use like raising funds for celebrations, raising money for scholarships and social causes for charities, wedding expenses, medical bills, and more. Fundstak is a registered product of Vurke Inc. and it is based in Wilmington De.

History
Fundstak was founded in March 2014 by Reza Samad to bring crowdfunding to the entire world. Fundstak was planned to allow crowdfunding on all platforms a: Donations b: Creative c: Debt d: Equity. Fundstak is a sub product of Vurke Inc. which is also led by Reza Samad as the active CEO at Vurke Inc. Vurke Inc. is a finance, technology and workforce management solutions provider. In technology, Vurke builds SaaS based workforce management solutions. In finance, Vurke Inc. has a global crowdfunding platform that caters to creative, social, equity and loan crowdfunding. In the physical workforce management space, Vurke Inc. provides international contingent work force solutions.

Fundstak also offers big organizations FundstakPRO as a "white labeled" product, where the term "white label" means that FundstakPRO does not market itself and allows the organization to have a crowdfunding portal developed for the client and allow them to run their peer to peer fundraising.

Business Plan
Fundstak gives an open space to a user to upload a project or campaign for which an individual or an organization wants to raise money for. This process requires the user to to write a short and detailed description about the cause for which the fundraising is intended for, along with this a user has an option of uploading images, videos and URL to their project creation page.

Once the project / campaign is filled with all the necessary details, fundstak allows the user to immediately upload the project on the global crowdfunding platform and simultaneously allows the user to share, invite people through integration of social network links(Facebook, Twitter, LinkedIn)etc. and email.

People can then donate to a user’s through the website using multiple online payment gateways and can track the funding progress. Donors are given the options of leaving comments and much more. They can also invite people from their network, help spread the word and can get involved by supporting a project by creating fundraisers for the user or by teaming up with an already created team.

Fundstak generates revenue by deducting 4% fee automatically from a user’s project every time a redeem is clicked. Fundstak does not charge any fee if a user receives no donations on a project or campaign, there is no set limit on a goal amount. A user is allowed to create and upload a project from any geographic location.