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Venmo is an American mobile payment service founded in 2009 and owned by PayPal since 2013. Venmo is aimed at friends and family who wish to split bills, e.g., for movies, dinner, rent, or event tickets etc. Account holders can transfer funds to others via a mobile phone app; both the sender and receiver must live in the United States. Venmo also operates as a small social network, as users can observe other users’ public transactions with posts and emoticons. In 2021, the company handled $230 billion in transactions and generated $850 million in revenue.
@HopeMob was a not for profit crowdfunding site that raised money for direct aid to worthy causes. It was co-founded by Shaun King and Chad Kellough in 2012. People with specific needs apply to the site and are vetted. The vetting includes asking for references, conducting interviews, and researching on social media. Support is then given to approved projects to help them present a compelling case. Funds are then raised and used to purchase the specific items people need, such as a medical procedure; money is not given directly to those raising funds.
References
- ↑ "Triage: Sisters raise $29,000 on the Internet for a kidney transplant". newsblogs.chicagotribune.com.
- ↑ "Donate to help David Hartsock's Fundraiser today". GiveForward.com. Retrieved 2016-07-14.
- ↑ www.giveforward.com see "How it works".
- ↑ "Care2 is the world's largest social network for good, a community of over 40 million people standing together, starting petitions and sharing stories that inspire action".
- 1 2 "National Give Day: May 4th, 2010 - GiveForward". Archived from the original on 2013-04-14. Retrieved 2009-10-27.
- ↑ "How Gen-Y Startups Use Social Media to Shatter the Status Quo". Mashable . 29 July 2009.
- ↑ Holiday, Ryan. Skimming Off The Top: Social Giving Sites Take a Huge Cut Of The Check. Betabeat. May 27, 2014.