Exclusive: Kinder closes latest fundraise

By Daniel Lanyon on Wednesday 2 September 2020

Savings and Investment

The Amsterdam-based startup works with non-profit organisations around the world to help raise donations.

Exclusive: Kinder closes latest fundraise
Image source: Mathys van Abbe, founder of Kinder

Tech-for-good startup Kinder has raised €525K in its latest funding round led by a group of angel investors, bringing the total amount raised by the company to €2.1m.

The firm had to change its fundraising strategy in 2020 and opt for a bridge round instead of a series A, owing to COVID-19 and is making a greater focus on revenue over growth before raising a bigger round.

Kinder provides a range of fintech tools to charities to boost giving, particularly those affected by the disruption caused by the coronavirus. Many charities, such as those involved in sporting events, have seen fundraising move online due to the cancellation of offline fundraising events.

Mathys van Abbe (pictured), founder of Kinder, also joined the round.

“We believe that online fundraising will be on the forefront of the post-pandemic charitable sector. That’s why we help organisations change the way they raise funds and nudge them to do it more effectively," he said.

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