Every week we highlight a company leading the charge in transparency and making waves in their industry. This week we are featuring Crowded.
Founded in 2021 by Daniel Grunstein and Darryl Gecelter, Crowded provides a streamlined approach for non-profits regarding their financials and online banking. The fin-tech startup recently raised $7.5 million in its series A funding round led by Flashpoint. This completes a total raise of $13.5 million. Non-profit member groups can focus on their impact as the digital banking platform helps ensure tax compliance while collecting, spending, and managing online money.
With integrations to payment platforms such as Venmo, Paypal, the Cash App, Wise, etc., Crowded can connect to your past payment history and initiate the transfer to their secure platform that's tax-friendly and built for sustained use by organizations. Standout features include payment processing for dues, member fees, and donations, unified banking for multi-chapter organizations, and FDIC pass-through coverage for eligible accounts. Crowded has offices in Miami and Tel Aviv and has a team dedicated to equipping non-profits with modern solutions to foster community impact.
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