Manchester fintech GoodBox hits £2m donated to UK charities

by Startacus Admin
Working with charities of all sizes and across multiple categories, including Comic Relief, the Church of England, Save the Children, and the British Red Cross, Manchester fintech GoodBox has now raised over £2 million through GoodBox hardware for UK charities, facilitating donations from over 830,000 people.
More exciting perhaps for the charity sector, it's highest average donation has now also reached £10.80; over 75% higher than its immediate competitors.
Backed by WorldPay and Visa executives, GoodBox is the startup helping charities embrace digital payments by providing a single point of entry through its pioneering hardware, payments and banking platform.
The platform has been designed and developed specifically to manage, grow and maximise the £583 billion of philanthropic transactions made globally each year. We first featured GoodBox back in September 2018, so it's been good to track their progress.And to faciliate further growth, the Manchester fintech startup has just reached a £1m funding target on leading investment platform Seedrs to expand the team in all areas. This round is part of a larger Series A following a £1.3 million investment earlier this year. The share price for crowd investors remains the same.
GoodBox CEO and Co-Founder Andrew O’Brien said:
“Since the beginning, GoodBox has been driven by a very clear mission; to make charitable giving seamless across the UK. The steps we have taken over the last two years since our first Seedrs round has accelerated our ability to do this, and we are confident that this next round of funding will help us continue to deliver the most innovative technology, products and services to the sector.
We are delighted to return to Seedrs for our second investment round; the support we received in our last round has been invaluable to our development and success to date, so we look forward to welcoming both new and old faces to that community to help us move into our next exciting phase of growth.”
Last winter the platform was chosen to run the Mayor of London’s homelessness campaign, taking donations at 90 newly installed contactless points across the city. Most notably, GoodBox installed its GBx Pro terminals in the Natural History Museum in 2017, since then it has had a 64% uplift in donation income, with over £1,000,000 donated through the contactless points.
The charity sector is lagging a minimum of 5 years behind the corporate sector in terms of digital skills; with 55% of people still donating using cash, meaning charities are still reliant on a cash economy. However, with drastic changes in consumer payment behaviours, and a wider move towards a cashless society, it is vital that the charity sector has access to the very best technology in order to keep up with ever-changing digital demands of society.
Congrats GoodBox on their continued impact and success.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Tech Nation calls for tangible support to secure capital, talent, growth and exits needed to accelerate the growth of UK tech in decade ahead.

Glasgow-based This is Milk seeks investment for Neve Learning, its cloud-based Ed-Tech platform that has inclusivity and accessibility at its core.

With the UK facing a clear digital skills gap, Amy Caton, Digital Talent and Impact Senior Manager at BT Group shares some insights on what businesses should do to close that divide.

The lowdown on Berlin-based Beazy and its innovative solution that helps teams to plan, produce and deliver creative content and helps businesses to connect with talented content creators.

The lowdown on Fluffy, the app offering dog training, 24/7 vet messaging and insurance to give pet owners peace of mind and support them with their pet care responsibilities.

Huckletree's new Web3 HQ aims to put London’s West End at the forefront of Britain’s tech superpower ambitions.

Leading sports marketing platform, OpenSponsorship announces move into music sector, the first new vertical industry for the trans-Atlantic martech business.

Kingussie High School scoops first place for Junior and Senior categories at this year’s Growing Future Assets Competition.

The lowdown on Manchester-based Arctic Shores and its innovative recruitment solution to help candidate potential count as much as skills and experience.

With the demand for tattoo removal now greater than ever, specialist NAAMA Studios makes a bid for a further £11m in funding.
Published on: 21st October 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Tech Nation report reveals UK Tech could quadruple in value by 2032 with right conditions 23rd Mar 2023 Tech Nation calls for tangible support to secure capital, talent, growth and exits needed to accelerate the growth of UK tech in decade ahead.
- Neurodiverse learning and training platform Neve shares major six-figure investment opportunity 22nd Mar 2023 Glasgow-based This is Milk seeks investment for Neve Learning, its cloud-based Ed-Tech platform that has inclusivity and accessibility at its core.
- Huckletree opens new London hub for tech companies pioneering Web3 solutions 16th Mar 2023 Huckletree's new Web3 HQ aims to put London’s West End at the forefront of Britain’s tech superpower ambitions.
- OpenSponsorship making its move into the music sector 16th Mar 2023 Leading sports marketing platform, OpenSponsorship announces move into music sector, the first new vertical industry for the trans-Atlantic martech business.