Do not Invest in WeFunder!!
Wefunder responded to my review and was not telling the Truth. The fee's are not on the front page of their website. You have to go to FAQ's and enter fee's to see what they charge. A Mr. Mark Mercer stated that untruth statement to me in an email. I stand by my 1 Star rating. The deception is Real!
Do not Invest in WeFunder!!! I sent my money to WeFunder on May 13, 2024 with the intention of investing in a movie. WeFunder never invested my money and several months later the movie that I was going to invest closed without my money being invested. They claimed that without their fee's they would not invest my money. Not once were there fee's ever mentioned. I have been trying to have money returned since October without any success. Customer service is horrible and I would definitely stay away from this company. That is the reason for me rating this company 1 star.
Reply from Wefunder, Inc.
Hi Mike,
I’m sorry that you felt you were misled resulting in a less than optimal experience for you.
First, our investment fees are clearly displayed throughout our website, including on the checkout screen during the investment process. These fees are a necessary part of our service and are transparently communicated to all investors.
Regarding your funds, they are currently held in your Wefunder Cash account (where they were refunded to you in September). You can easily initiate a transfer back to your bank account at any time through your Wefunder cash account. If you're having trouble locating this option, our customer service team would be happy to guide you through the process.
While we regret that you had a negative experience, we strive to maintain transparency in all our operations, including our fee structure. If you need assistance with withdrawing your funds, please reach out to our support team and we will ensure you get the help you need.
Best,
Mark Mercer
Director of Experience
Wefunder