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FinTech news in charitable giving category

Donation API FinTech Change raised seed round of $5M

The donor-advised fund makes the process of launching a giving campaign much simpler for companies and charities because they can just search for a nonprofit from the list to be a beneficiary of their initiative rather than having to coordinate individually with those charities, get their crypto wallet addresses and process those donations manually, according to Nigam.

Why web3 donations lead over cash ones

Another crypto nonprofit platform, The Giving Block, has also already taken in $1.5 million in crypto donations and announced a campaign yesterday to raise $20 million in cryptocurrency for its Ukraine Emergency Response Fund supporting a variety of accredited nonprofit groups, including United Way Worldwide and Save the Children, according to a webpage for the campaign.