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Social Backing the new kid on the crowdfunding block

social backing nz crowdfundingPledgeMe is the big kahuna in Kiwi crowdfunding, but joining it on the podium is Social Backing, which launched last month.

Socialbacking.com takes a 5 percent cut from successful campaigns (on par with PledgeMe and US site Kickstarter), which may be waived for charitable projects.

And while projects are funded in New Zealand dollars, Social Backing is international in scope, allowing Kiwis to seek out global pledges.

Later this year the Arts Foundation plans to launch Boosted, a crowdfunding site where the foundation would match donations on successful projects.

And if you're thinking about crowdfunding a project anytime soon, be sure to read this story for a few pointers from the experts.