I don't think so -- Fundable was targeted toward much larger transactions ($5k+ campaigns weren't rare, iirc) and specifically set up to 'self destruct' if the goal wasn't met.

So for example, if you had a small neighborhood looking to fund the purchase of a $5,000 water well and they only raised $4,000, everyone who donated was supposed to get their money back.

(Also, TipIT doesn't seem to suck.)