Gofundme news and trends

Faced With Soaring Costs, Tight Supply, Renters Tap Crowdsourcing, Government Aid
Connected Economy // May 19, 2022

Charity begins at home, and home is often the endpoint as well. In a rental housing market that’s got millions feeling frantic, desperation is yielding to innovation and improvisation. Anyone who’s gone on the hunt for a regular rental lately is aware of the price...

Canada’s Trudeau Gets Banks’ Help in Protests
International // February 15, 2022

Justin Trudeau, Canada’s prime minister, is using his emergency powers to cut the flow of money to the trucker protests opposed to his vaccine mandate, Bloomberg reported Monday (Feb. 14). Banks will now have to review their relationships with those involved in the blockade and...

Capitol Hill Lawmakers Threaten to Probe GoFundMe After Trucker Fundraiser Shuttered
Regulation // February 09, 2022

Citing potential violation of federal law by GoFundMe Inc., GOP lawmakers have called for an investigation into the crowdfunding platform’s decision to withdraw a page accepting donations in support of protesting truckdrivers in Canada. In a letter to the Federal Trade Commission (FTC) on Sunday (Feb. 6),...

GoFundMe Acquiring Nonprofit Software Firm Classy
Acquisitions // January 13, 2022

The online fundraising giant GoFundMe says it will acquire Classy, a nonprofit fundraising software company. “The addition of Classy accelerates opportunities to service the nearly $500 billion U.S. philanthropic market as GoFundMe aims to be the most helpful place in the world,” the company said...

Quick Reads
GoFundMe Allows Venmo Payments to Speed Maui Wildfire Relief

August 24, 2023
GoFundMe says it has added Venmo as a payment method to speed fundraiser donations. “Sixty-one percent of donors are most likely to hear about causes through word of mouth from their friends and family, and Venmo’s community of nearly 90 million active customers is social by nature,” the company wrote on its blog Thursday (Aug. 24). “With Venmo as […]

Canada’s Trudeau Gets Banks’ Help in Protests

February 15, 2022
Justin Trudeau, Canada’s prime minister, is using his emergency powers to cut the flow of money to the trucker protests opposed to his vaccine mandate, Bloomberg reported Monday (Feb. 14)....

Capitol Hill Lawmakers Threaten to Probe GoFundMe After Trucker Fundraiser Shuttered

February 09, 2022
Citing potential violation of federal law by GoFundMe Inc., GOP lawmakers have called for an investigation into the crowdfunding platform’s decision to withdraw a page accepting donations in support of protesting...

GoFundMe Acquiring Nonprofit Software Firm Classy

January 13, 2022
The online fundraising giant GoFundMe says it will acquire Classy, a nonprofit fundraising software company. “The addition of Classy accelerates opportunities to service the nearly $500 billion U.S. philanthropic market...