Tagged: charity

June 15, 2022 @ 11:37 am By Omar Faridi  |  

After the appointment of Jason Levy to lead its Strategic Development and Partnership plans in the charity sector, digital payments provider PayPoint is launching PayPoint Donate. PayPoint Donate brings together a digital solution to offer charities and their supply partners with an integrated platform to… Read More

March 20, 2022 @ 7:04 pm By JD Alois  |  

In the early days of the Russian invasion, the Ukrainian government, along with other charities and independent media, leveraged cryptocurrency to expedite transfers of money in the form of donations. By accepting crypto, Ukraine benefits from the speed of transfer – instantaneous – and the… Read More

March 4, 2022 @ 8:18 am By Omar Faridi  |  

Ukraine is reportedly funding its war against Russia by appealing to the global crypto community. This, as the nation will soon introduce non-fungible tokens (NFTs) in order to help support financially its armed forces. Mykhailo Fedorov, the Vice Prime Minister of Ukraine, recently confirmed that… Read More

February 19, 2022 @ 2:52 pm By Omar Faridi  |  

Cryptocurrency donations have increased considerably along with the Bitcoin price (and those of Ethereum as well as other major altcoins). Last year, Fidelity Charitable investors reportedly donated over $330 million in digital currency, which is over 12x the amount provided back in 2020, according to… Read More

December 29, 2021 @ 2:51 pm By Omar Faridi  |  

In May 2021, the team at digital assets firm Coinbase (NASDAQ: COIN) had announced the launch of Coinbase Giving. As explained in a blog post, Coinbase Giving is the operational “embodiment” of their ongoing commitment to Pledge 1%, which is the firm’s “promise to dedicate… Read More

December 8, 2021 @ 7:47 am By Omar Faridi  |  

Metro Bank (LSE:MTRO), the United Kingdom’s community bank, has introduced its Magic Money Christmas Tree marketing campaign with the goal to raise funds via a gold coin mechanism for various children’s charities through its 78 stores. Created by Metro Bank’s in-house studio and domestic agencies… Read More

November 15, 2021 @ 9:33 am By Omar Faridi  |  

Thyngs, a platform for supporting touch-free instant payments from any physical marketing asset with a key focus on the Charity sector, has secured 85% (£214,864) of its £250,000 target (with 27 days left in the sale), as part of is crowdfunding campaign via Seedrs. Based… Read More

February 14, 2021 @ 10:42 pm By Samantha Hurst  |  

  UK-based challenger bank Tide recently announced its Tide Charity has donated £175,000 to small businesses that have been impacted by the COVID-19 pandemic. According to Tide, the charity launched in November 2020 in partnership with the Daily Mail, Karren Brady, and The Federation of Small Businesses. Its mission is… Read More

November 24, 2020 @ 9:28 am By Samantha Hurst  |  

Vennfi, a U.S.-based fintech focused on tax-exempt payments and the creator of Charityvest, reportedly secured $2.3 million through its seed funding round. According to FinsMes, the round, which comes just a little over six months after the startup raised $1.1 million through its pre-seed round, was… Read More

May 13, 2020 @ 12:25 pm By Samantha Hurst  |  

Vennfi, a U.S.-based fintech focused on tax-exempt payments and the creator of Charityvest, announced on Wednesday it secured $1.1 million through its pre-seed funding round. Founded in 2016, Charityvest focuses on enhancing the giving experience for donors by creating “Charity Funds,” which is a fund… Read More

April 20, 2020 @ 11:45 pm By Omar Faridi  |  

Earlier this month, Pakistan’s Easypaisa, a local provider of online financial services, teamed up with Zakat and Ushr department of the Government of (the province of) Punjab, in order to distribute funds to locals who have been impacted by the Coronavirus (COVID-19) outbreak and resulting… Read More

March 26, 2020 @ 8:15 am By JD Alois  |  

Digital bank Revolut has partnered with the Trussell Trust food bank in the UK to enable Revolut users to donate in-App to individuals in need. Revolut made the decision to implement a direct donation feature in light of the ongoing COVID-19 pandemic. The company says… Read More

November 20, 2019 @ 8:13 am By JD Alois  |  

Leading digital bank Revolut is partnering with Mastercard to help repair four schools destroyed by  Cyclone Idai in Mozambique. The charitable project is also in support of Universal Children’s Day. According to Revolut, customers are able to round up their spare change and donate the… Read More

July 1, 2019 @ 3:25 am By JD Alois  |  

Digital bank Revolut has announced a new feature that facilitates donations to charitable causes. Launched today, Revolut’s new in-app feature labeled “Donations”, allows customers to round up payments and donate the money to three international charities. Another option of the feature is to allow customers… Read More

May 12, 2019 @ 6:10 pm By Samantha Hurst  |  

Pennies, a UK-based fintech and digital charity box, has reportedly surpassed 70 million in consumer digital donations. Founded in 2010, Pennies revealed it is creating a “unique digital ecosystem” by using new technology to unlock millions of pounds in new giving. “Designed to fit with our… Read More

December 13, 2018 @ 11:10 am By Erin Hobey  |  

Gamers ready? Monax, a smart contract and blockchain technology platform, has launched a new blockchain-based game called Marmota Prime, in which players win donations in kind to charitable organizations, including The Salvation Army, Toys for Tots and Edinburgh’s Royal Hospital for Sick Children. Beginning today, new challenges… Read More

December 3, 2018 @ 9:48 am By Cali Haan  |  

Three researchers at the United States Agency for International Development (USAID) say that of none of 43 “blockchain for charity” projects they studied were willing or able to prove claims the new tech is revolutionizing the sector as claimed: “We found a proliferation of press releases, white… Read More

September 16, 2018 @ 9:25 pm By Aubrey Hansen   |  

Currently, all eyes are fixed on the financial applications of blockchain technology. The idea of transferring money between two parties without a bank’s involvement is revolutionary stuff. Transferring money for charitable purposes is also fraught with middlemen. Charities, just like financial institutions, are beset by… Read More

January 9, 2018 @ 12:44 pm By Erin Hobey  |  

GoodBox, a techcompany focused on building solutions that connects donors and causes, has secured over £1.8 million from over 460 investors — including Tennis star Andy Murray — on its Seedrs’ crowdfunding campaign. GoodBox has set a funding goal of £2.4 million for a 23.21% percent… Read More

December 28, 2017 @ 8:52 am By Erin Hobey  |  

Over 8,000 people are sleeping on UK streets. Over 200,000 “hidden homeless” people live in temporary accommodations such as hostels. New crowdfunding platform Beam founder Alex Stephany is making a difference and addressing London’s growing homeless problem, one person at a time. The result is Beam, a… Read More