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Both had previously founded Paygr, which is a website dedicated to allowing members to sell their services to the public. [3] Damphousse and Ballester originally created the website under the name "CreateAFund" in 2008 but later changed the name to GoFundMe after making numerous upgrades to the features of the website.
The website was founded in 2014 to fundraise "for missionary trips, medical expenses for needy families, and other charitable causes," [8] and because the founders perceived GoFundMe to have an anti-Christian bias. [5]
New GoFundMe tools will make it easier to circulate causes across online platforms in a push to cater toward younger generations. The crowdfunding site hopes to meet digital natives in the online ...
Despite raising nearly $48,000 through a GoFundMe campaign to fund search efforts, her family’s silence on her crossing into Mexico sparked backlash from donors demanding refunds. The Kobayashi ...
The GoFundMe platform is backed by a GoFundMe guarantee, the company says online, which means funds are guaranteed to go to the right place or the consumer will get a refund.
Crowdfunding websites helped companies and individuals worldwide raise US$89 million from members of the public in 2010, $1.47 billion in 2011, and $2.66 billion in 2012 — $1.6 billion of the 2012 amount was raised in North America. [56] Crowdfunding is expected to reach US$1 trillion in 2025. [57]
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