TORONTO, April 11, 2022 /CNW/ – FlipGive today announces the launch of the leading all-in-one platform for fundraising, budgeting and team finance. This is part of the company’s mission to make sports more affordable and accessible to young people around the world. North America. After identifying an equality gap in youth sports, FlipGive has tipped the financial balance for over 50,000 teams, enabling more children to access the physical and mental health benefits of sport.
FlipGive started with the goal of reducing the cost of gaming for families. By purchasing everyday items from over 700 popular brands and retailers, teams and their supporters earn cash back which is used to cover expenses including tournaments, player fees and equipment. The platform now also includes easy-to-use financial tools that help team leaders, parents, and busy volunteers plan their budget, collect fees, track, and be transparent.
“We are delighted to now offer an end-to-end solution for teams, easing the massive burden on volunteers who, in addition to being busy parents, must manage team finances,” said Marc Bachman, CEO. “You can’t put a price on the benefits of sports and recreational activities in a child’s life. We have always sought to remove barriers to access to sports by reducing the costs associated with play and helping leaders team to save time, which should include managing the team’s finances.”
The FlipGive platform has already had a significant impact on hundreds of thousands of families across North America having lifted $25 million for youth sports teams. Momentum continues to build as FlipGive hits records for quarterly growth, member engagement, and team fundraising.
“Thousands of children every day are denied the opportunity to participate in competitive sports and activities,” said Peter MisekFounding Partner at Venture Capital Partners. “FlipGive began by solving the fundraising problem, but realized that the friction for access does not end there. Parent volunteers are forced to use personal bank accounts, funds and spreadsheets to organize and manage team activities. Those burdens have become overwhelming. FlipGive now also removes that burden and friction, and brings much-needed simplicity to the lives of managers and treasurers, while reducing risk errors, mismanagement and fraud.
“FlipGive has transformed the way our teams fundraise, plan and track our team budgets,” said Stacy Carli, FlipGive user for several years and treasurer of the Durham Attack Volleyball Club. “FlipGive allows us to use our regular expenses to reduce player costs and the team money tools help standardize our teams’ financial processes, making it easier for me to support our parent reps.”
- Simplify team fundraising with daily expenses
- Earn cash back on purchases at over 700 popular brands and retailers
- Fund team and player expenses – reducing the cost of play – with cashback earnings
- Streamline seasonal budgets and planning
- Schedule reminders to collect player fees and issue refunds
- Easily track your income and expenses
- Ensure transparency with easy-to-use reporting features
- Open a secure online team account with no monthly fees, which includes a debit card with 1% cash back.
- Complete the account opening process online, without setting foot in a bank branch
- Centralize team banking* in a single account, separate from personal accounts
FlipGive Shop and Budget are now available in Canada. The complete team money platform, including FlipGive Banking,* is available in the US and will be available in Canada Later this year.
*FlipGive is a fintech company, not a bank. Banking services provided by Blue Ridge Bank, NA; FDIC member. FlipGive debit card is issued by Blue Ridge Bank, NA pursuant to license by Visa UNITED STATES Inc. and can be used anywhere Visa cards are accepted.
Founded in 2016, FlipGive gives youth sports teams free tools to earn and manage money so they can play more and spend less. From pre-season to post-season, teams shop and earn money for expenses, manage their banking and budgeting, collect fee payments, and more. teams across North America earned us $25 million and cash. FlipGive is a Certified B-Corporation. For more information, please visit flipgive.com.
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