Crowdfunding Arena: GoFundMe Acquires YouCaring

Rob Solomon, CEO of GoFundMe

The world’s largest charitable crowdfunding platform, GoFundMe, one of the 10 biggest crowdfunding platforms worldwide, acquired YouCaring to expand its global reach.

During this transition, current YouCaring fundraisers can continue to collect donations and will have the opportunity to migrate to the GoFundMe platform with its world-class services. New fundraisers will launch on GoFundMe, a blog post states.

Rob Solomon, CEO of GoFundMe, said:

GoFundMe and YouCaring share a common mission of making it easier than ever for people to get the support they need. With this acquisition, we strengthen our position as the place where more people can unite to make an impact far greater than they can on their own. We’re excited to welcome the YouCaring community to GoFundMe’s global community of more than 50 million people and empower more changemakers to help make a difference in each other’s lives.

Earlier this year GoFundMe announced the acquisition of Crowdrise in an attempt to compete for nonprofits’ business against the likes of Facebook.

Find out more here.

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