GoFundMe drops 5% Platform Fee for U.S. personal campaigns, adds tips

GoFundMe drops 5% Platform Fee for U.S. personal campaigns, adds tips

7 years ago
Anonymous $ZOEEBQ1zf0

https://techcrunch.com/2017/11/30/gofundme-drops-5-platform-fee-for-u-s-personal-campaigns-adds-tips/

GoFundMe, the popular fundraising juggernaut that now has 50 million users and has raised over $5 billion in funding for causes to date, is making an interesting change today that could see those numbers getting a boost — or at least help it fend off competition from other fundraising platforms like Facebook’s.

GoFundMe is dropping the five percent Platform Fee that it charges to individuals when they launch personal campaigns on the platform (in the U.S. only for now), and it will instead rely on optional tips to generate revenues from these campaigns.