Tag: Charitable Donations

Brits Give Back: Revolut Data Shows Big Spikes In Charitable Donations During Lockdown

Stuart Mitchell

Revolut, the Financial Super App with over 10 million customers in the UK and Europe, has today revealed figures highlighting a swell in charitable giving among UK consumers during the COVID-19 pandemic. The proprietary Revolut data has been gathered from 3 million UK Revolut customers, comparing stats from January and February 2020 to data since COVID-19 began to impact UK consumers from 1st March 2020. Donation amounts increase across all age groups The average amount given through Revolut Donations increased across all age groups during lockdown, by an average of…

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PayPal Processed Record $10 Billion in Charitable Donations in 2019

Stuart Mitchell

PayPal has announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. “Our efforts to drive social impact and create value for all of our stakeholders continue to expand. We are continually inspired by the generosity of the expanding PayPal community, which continues to reach new…

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