Tagged: charity

Digital Asset Firm Coinbase Shares Progress Report on its Giving Initiative

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

UK’s Metro Bank Introduces Magic Money Christmas Tree Campaign to Raise Funds for Children’s Charities

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

UK Payments Fintech Thyngs Secures £214,864 from 144 Investors via Seedrs

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

Tide Charity Reportedly Awards  £175,000 to Small Businesses Impacted By COVID-19 Pandemic

  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

U.S. Fintech Vennfi Raises $2.3 Million Through Seed Funding Round

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

U.S. Fintech Vennfi Secures $1.1 Million Through Pre-Seed Funding Round

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

COVID-19 Relief: Pakistan’s Digital Payments Firm EasyPaisa to Help Government Organizations Distribute Funds Following Coronavirus Outbreak

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

Revolut Works with Anti-Poverty Charity Trussell Trust Food Bank

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

Revolut and Mastercard Join to Help Repair Schools in Mozambique

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

Digital Bank Revolut Adds Charity Feature that Enables Seamless Donations

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

UK Fintech & Digital Charity Box Pennies Surpasses 70 Million Consumer Digital Donations

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

Game On! Monax’s New Blockchain-Based Game Benefits Charitable Organizations

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

USAID: All 43 Blockchain Charity Projects Studied Unwilling to Prove Claims

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

Why the Charity Sector Desperately Needs to Adopt Blockchain Technology

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

GoodBox Surpasses £1.8 Million on Seedrs, Uses Tech to Connect Donors with UK Charities

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

JustPark Advisor & Former CEO Alex Stephany Comments on New Crowdfunding Platform Beam Targeting London Homeless Population

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

Razoo Management, a Charity Crowdfunding Site, Buys Out Founder Legatum

Razoo, a crowdfunding platform for charitable giving, has announced that its management has successfully concluded a buyout of the business from global investment firm and founder of Razoo, the Legatum Group. Razoo was founded in 2006 and has since enabled $550 million in donations globally…. Read More

New Fundraising Platform DonorSee Seeks to Improve the Charity Industry

DonorSee is described as a new fundraising platform specifically to improve the charity industry. Its goal is to change the way people support charities with complete transparency. Instead of giving to a large charity that may fall short of the mark or simply has huge… Read More

5 Nonprofit P2P Fundraising Lessons We Learned This Year

As legislation changes and technology advances, peer-to-peer fundraising is developing as a fundraising tool in the nonprofit world. These developments can pose interesting challenges for nonprofits, as well as opportunities to capitalize on advances in social networking and fundraising strategy. Social networking is steadily evolving… Read More

7 Crowdfunding Trends That Nonprofits Can Learn From

The success of crowdfunding as a whole isn’t something that nonprofits can ignore. Nonprofits, in the constant state of needing more donations, can learn from the more lucrative crowdfunding trends. In fact, nonprofits have already started applying crowdfunding techniques to their online fundraising channels. These… Read More

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