Key Takeaways
- Toucan is leveraging FinTech to revolutionise the way charitable donations are made in the United Kingdom.
- The startup allows users to create a flexible portfolio of up to three charities and split a monthly donation between them.
- With a selection of over 20,000 charities, Toucan enables people to support multiple causes long-term or switch their donations each month.
- The London-based startup could potentially influence the future of the charity industry by making giving second nature to many more people in society.
The United Kingdom has a strong culture of charitable giving, with millions of people donating to good causes every year. In this digital age, however, traditional methods of giving are being replaced by more innovative solutions. One of these is Toucan, a London-based FinTech startup that’s changing the way people donate to charities.
Founded by David King and Matt Crate, Toucan is creating a giving ecosystem that makes it simple and engaging for individuals to donate to their favourite charities. The platform encourages a community of givers to support and grow the work done by charities, with the ultimate goal of making giving second nature.
What separates Toucan from other donation platforms is its unique approach of enabling people to split donations among multiple charities. Users can create a flexible portfolio of up to three charities and split their monthly donation between them. This additional functionality allows donors to spread their donations across several causes they care about, thereby amplifying their impact.
Additionally, instead of being locked into one charity, Toucan users can switch their donations up every month. With the choice of over 20,000 charities, people have unlimited options and freedom to support diverse organizations with varying goals and missions.
As the world becomes increasingly digital, platforms like Toucan have immense potential to change the landscape of charitable giving in the UK. By leveraging financial technology, the startup offers a more flexible and engaging way for people to support their favourite charities, thereby potentially increasing the total amount of donations received by charities each year.
The future looks promising for Toucan as it continues to build a community of givers and amplify the impact of charities. The startup showcases how innovative FinTech can revolutionise an industry and inspire more people to make a difference.
Find out more about Toucan on their website: https://thetoucan.app/ or follow them on their social media platforms:
Twitter: https://twitter.com/toucangiving
Facebook: https://www.facebook.com/ToucanGiving
Linkedin: https://www.linkedin.com/company/thetoucan/
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