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eBay, PayPal, Kijiji and StubHub, 500 King Street West, Toronto, April 2014. PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders.
CrowdFundEDU charges 5% to the fundraiser if the goal is reached and 9% if the goal is not reached. . [9] The difference in fees is to encourage fundraisers to set a realistic goal. CrowdFundEDU is a preferred PayPal Partner and uses PayPal for all fundraising payment processing and transaction services. [10]
[4] [5] The site was built off of PayPal's API. [6] GoFundMe was founded in San Diego, California. [7] In March 2017, GoFundMe became the biggest crowdfunding platform, responsible for raising over $3 billion since its debut in 2010. The company receives over $140 million in donations per month and made 2016 $100 million in revenue. [8]
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