Contactless charity donations start-up GoodBox raises £1m
Contactless ‘tap to give’ charity technology provider GoodBox has raised £1 million in a crowdfunding round on Seedrs, adding to its combined Series A, £1.3 million investment, earlier this year.
The three-year-old UK-based start-up, which has now facilitated £2 million donations for more than 700 charities, plans to expand its team which currently stands at 38 according to its LinkedIn company page.
Backed by WorldPay and Visa executives, GoodBox also works with key UK charities including Comic Relief, Save the Children, the British Red Cross and Comic Relief. Last winter the Mayor of London Sadiq Khan chose the fintech to take donations for his homelessness campaign, seeing 90 contactless points installed across the UK’s capital.
“Since the beginning, GoodBox has been driven by a very clear mission; to make charitable giving seamless across the UK,” says GoodBox CEO and co-founder, Andrew O’Brien, who is confident the funding round will help the fintech further innovate its technology for the charity sector.
The new offering for charities, which have long-relied on cash-in-hand or online donations, has seen significant jumps in their incomes. The Natural History Museum has seen a 64% uplift in donations since using GoodBox, having so far raised £1 million through the contactless terminals.