GivePenny Technologies, a Stourbridge, UK-based charity fundraising platform provider, secured £1.25m in funding.
The round was led by MEIF Proof of Concept & Early Stage Fund.
The company intends to use the funds to further enhance the platform and allow more charities – big and small – to continue their work.
Led by CEO Lee Clark, GivePenny provides a platform that allows users to share data and base donations on different metrics, such as the amount of miles covered, milestones achieved, or by adding songs to playlists. The platform enables charities to create digital fundraising experiences for their supporters that can be linked to apps like Strava, Twitch, Fitbit, YouTube and Spotify. Features for charities, fundraisers and donors help them increase user donations and engagement.
GivePenny is used by the likes of Mind, Cancer Research UK and Help for Heroes.
FinSMEs
25/05/2022