What is Incub8 all about?
Incub8’s overall aim is to work with you to promote social and economic, community and environmental projects. We all have dreams – let’s try to make them a reality.
Where are the two platforms based?
We have two platforms – in the EU (Bulgaria) and Asia (Hong Kong). These allow us to minimise your transaction costs, in a variety of major currencies including Euro (€), US$ and Sterling (£). You have access to both of them.
How much does Incub8 cost?
You can take advantage now of a waiver of the normal one-off sign-up fee. To cover our costs, we are charging only 1 % for standard transactions, which represents incredible value.
Invoicing starts at 1%.
Fundraising starts at 1%.
Ecommerce starts at 1%.
Non-standard transactions may cost more. For example, indirect payouts, (invoicing from one of the platforms and then paying you represents higher risk and will be charged at 3%).
You may ask Incub8 to help fundraise for your project and promote your products and services. A higher % may apply in those cases. You choose – it will always be clear and transparent before you transact.
Which tools does Incub8 provide?
Company infrastructure, Xero accounting software. Invoicing and accept card payments through Stripe. Fundraising and ecommerce capability. All of these help us realise your projects.
How do I set up a connected account?
Once you provide your email and payout country in Incub8.org, then you will be taken to a page to provide more details. Details such as your name, ID, nature of business and bank account for your payout.
How will I access my funds?
Payouts to you are usually direct and automatic to the account you have nominated. The platform does not (and cannot) hold onto your funds. Your payouts depend only on the relationship between you and your customers.
