16:00, 26 January 2021
Words by Smiley Team, Staff Writer, London
Furthering its efforts to innovate the voluntary sector, online fundraising platform TapSimple has raised £900,000 in an investment round as it continues to develop its technology to support charitable fundraising in an increasingly cashless world. This takes its total fundraising to date to £2 million.
Investors include Ecclesiastical, Lord Michael Spencer, Lord Mervyn Davies, Dominic Burke, and Anthony Bolton who join previous investors including former NCVO chairman Sir Martyn Lewis.
Co-founder of TapSimple Alex Coleridge commented: “This raise confirms that now is the time for charities to embrace technological innovation and make charitable giving more accessible. As the fundraising environment changes, and consumer behaviour shifts, charities who adapt now will be in the best position to thrive.
The news comes after TapSimple announced it would be supporting retail giant Lidl with its fundraising efforts for the NSPCC by supplying its contactless fundraising technology.
Founded in 2018, TapSimple, TapSimple offers charities a fundraising platform with services including online giving, ticketing, video conferencing and the Clip, a device that facilitates contactless and chip and pin donations when used with the TapSimple app.
They have worked with a range of prominent charities, including Cancer Research, the Great Ormond Street Hospital, CALM and Mencap.
Co-founder of TapSimple Tom Montague said: “We are very excited to be unlocking digital donations so these charities can continue to make hugely positive contributions to society. It is great to see the sector attracting investment at a time when new technology can make such a major difference for fundraisers.”
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