"We didn’t build the platform to focus on medical expenses, but we’ve become an indispensable institution for anyone who finds themselves needing help because there just isn’t adequate coverage or assistance.The reality is that access to health care is connected to the ability to pay for it. The health care system in the United States is really broken." (Rob Solomon, GoFundMe CEO)
Deal will expand the reach of world’s largest social fundraising platform.
GoFundMe is competing for nonprofits’ business against the likes of Facebook.
Donations have come from all 50 states, Washington, D.C., and Puerto Rico.
The crowdfunding platform will stop charging fees to users in the UK.
In 2014, more than US$16 billion were raised through crowdfunding worldwide, which increased to over US$34 billion in 2015 and is estimated to increase in 2016. Crowdfunding has proven itself very popular in the world in its short history. All the signs show that crowdfunding is poised to be the next big investment trend. Here are the 10 biggest fintech crowdfunding of all time.