What is KickandBoost?
KICKANDBOOST is the first B2B funding solution for services and intangible assets.
It connects communities of buyers and sellers. It is a marketplace that manages - as a trusted third party, the complex B2B transaction flow (order forms, invoicing, the different VAT rates…)
All the intangible goods and services sold and bought by businesses.
They can be: software, training modules, mobile applications, market studies, translation services…
The sellers pre-fund their projects so as to cover development costs, limit the risks of unsold articles and avoid lowering their capital stock.
The buyers back the projects they are interested in while maintaining their anonymity and benefit from a deliverable at a reduced rate.
Registering for an account is free. There is no subscription.
Every buyer has to register on KickandBoost but their anonymity is preserved. They can fund projects they are interested in without disclosing their identity.
Any seller that registers on KickandBoost has to fill out a form and provide all the information pertaining to their company. They will be asked to provide documents so as to prove the reality of their economic activity: proof of registration, copies of the articles of incorporation of the company, copies of the legal representative’s ID…
Once their status is considered valid, the sellers can propose their project (market studies, software, training…) and mention the budget they wish to obtain as well as the compensation they wish to grant to the people who pre-funded said project.
A seller wants to develop a specific training course in change management that will be provided via a mobile application. The development cost is estimated at 40,000 € excluding tax. Then, this training course will be sold 4,500€ excluding tax for the gray label license and 9,000€ excluding tax for the unbranded license.
KickandBoost’s percentage has to be taken into account. It amounts to 15% excluding tax (18% all tax included).
48,780€ is the sum the seller wants to raise on KickandBoost to cover their costs. It corresponds to: 40,000€ + (18% x 48,780€)
In order to reach that, they will offer the interested buyers to pre-fund it for the price of 3,000€ excluding taxes for the grey label license and 6,000€ excluding taxes for the unbranded license.
That way, the seller covers their development costs while those who pre-funded the project benefit from a reduced rate that amounts to 66% of the final sale price.
A seller wants to conduct a market study on Blockchains in the automotive sector. The development cost is estimated at 20,000€ excluding tax. Then, this study will be sold at the price of 2,000€ excluding tax for the single-user license and 4,200€ excluding tax for the company license.
KickandBoost’s percentage has to be taken into account. It amounts to 15% excluding tax (18% all tax included).
24,390 € is the sum the seller wants to raise on KickandBoost to cover their costs. It corresponds to: 20,000€ + (18% x 24,390 €)
In order to reach that, they will offer the interested buyers to pre-fund it for the price of 1,000€ excluding tax for the single-user license and 2,100€ excluding tax for the company license.
That way, the seller covers their development costs while those who pre-funded the project benefit from a reduced rate that amounts to 50% of the final sale price.
KickandBoost is compliant to a set of legal obligations in order to fight fraud, money laundering and financing of terrorism.
In order to use all the features of the platform, you have to upload the following documents:
| Identity proof | Articles of association | Registration proof | Shareholder declaration (Download ) | |
| Company | x | x | x | x |
| Association | x | x | x | |
| Self-employed | x | x |
These documents are not stored on KickandBoost’s servers: they are directly sent to MANGOPAY’s legal service so as to proceed to their validation.