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Athletes15 October 20261 min read

How KYC-Verified Athlete Crowdfunding Works in India: Direct Bank Payouts on KIBI Fundraise

By Sagar Rai

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Every year across India, talented state and national qualifiers miss international championships or advanced training blocks because tournament travel, visa fees, and competition-grade equipment must be paid upfront within weeks of selection.

KIBI Fundraise was built to give Indian athletes and sports organisations a transparent, KYC-verified crowdfunding channel where supporters know exactly who they are backing and how funds settle.

1. Mandatory KYC & Selection Document Verification

Before any campaign goes live on www.kibisports.com/fundraise:

  1. Identity Verification: The athlete or guardian completes government-ID and live-selfie KYC verification via Didit, linked to their Verified Athlete Passbook.
  2. Sporting Purpose Proof: Our review desk checks the tournament selection letter, academy endorsement, or itemised equipment quote (across 257+ brand partners on shop.kibisports.com).

2. Direct-to-Beneficiary Bank Settlement

As published in our Trust & Safety Hub and Refund Policy, KIBI does not pool or hold campaign contributions—contributions are routed directly to the fundraiser's own verified bank account so athletes can book flights, coaching, and gear without intermediary delays.

Explore active campaigns or start a verified fundraiser at www.kibisports.com/fundraise, or reach our support desk on WhatsApp at +91 99428 21584 (Operating Headquarters: 1st A Cross Road, 7th Block, Koramangala, Bengaluru, Karnataka 560095).

Frequently asked questions

No. On KIBI Fundraise (www.kibisports.com/fundraise), every campaign creator completes KYC identity and bank verification before going live, and supporter contributions settle directly to the fundraiser's own verified bank account.

Campaign creators complete government-ID and live-selfie KYC via Didit alongside documentary review of their competition invitation, selection letter, or equipment quotation.

Individual athletes, para-athletes, school/college teams, and registered sports academies raising funds for tournament travel, coaching, injury rehabilitation, or competition gear.

Want to learn more about KIBI Sports?

Whether you're an institution, athlete, or brand, we'd love to show you the platform.