Global crowdfunding platform GoFundMe has teamed up with Stripe. Stripe reported that through the partnership, it is deploying its technology to ensure those in need are able to receive donations from those able to support quickly and efficiently.
Stripe further revealed it will help GoFundMe provide relief where it is needed, it is powering an onboarding flow, a donation experience optimized for conversion, and a way to deploy funds fast:
- Stripe Connect streamlines the payment onboarding process for new fundraisers on GoFundMe. It handles verifications, automates payouts, and reduces the operational burden of managing money movement from donors to fundraisers
- Stripe optimizes the experience on GoFundMe by handling the safe collection and holding of donations made to individual fundraisers and to those started by and for charities
Daniel Cox, Director of Product Management at GoFundMe, shared more details about the partnership by stating:
“Central to how GoFundMe delivers an unparalleled fundraising experience for our global community is the safe and fast processing of donations. Partnering with Stripe allows us to make giving even more seamless and ensure that donations from those who are able to support quickly get into the hands of those in need.”
Jeanne DeWitt Grosser, Head of Americas Revenue and Growth at Stripe, added:
“GoFundMe has a global community whose generosity transcends country borders. We’re excited to help GoFundMe unlock even more giving across the world by making it easier to donate from anywhere and for people in need to receive donations reliably and with speed.”
Sponsored Links by DQ Promote
Fintech-Insight is dedicated to delivering unbiased and dependable insights into cryptocurrency, finance, trading, and stocks. However, we must clarify that we don't offer financial advice, and we strongly recommend users to perform their own research and due diligence.