Capital Markets Fintech Fintech Funding News

Virtual Fundraising for Nonprofits Enabled by Michigan Technology Company to Raise Funds During Quarantine

Virtual Fundraising for Nonprofits Enabled by Michigan Technology Company to Raise Funds During Quarantine

Nonprofits Turn to Virtual Fundraising During Quarantine

iConnectX, an innovative nonprofit technology created by Sqwirrel LLC, a subsidiary of V2Soft, a Michigan company, has been able to provide its subscribed nonprofits a way to raise funds during quarantine.

Through Virtual Fundraising, nonprofits can still raise funds for their cause. iConnectX enables nonprofits to build, promote and manage online auctions, sell tickets to virtual events and raise money through fundraisers.

Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as Advisor

iConnectX has been supporting nonprofits since early 2018. Starting in Southeastern Michigan, the online and mobile app solution has been adding nonprofits to its platform at a rate of 15-20 per month.

Read More: M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member Firms

“iConnectX was built to help nonprofits augment internal resources through technology to support their fundraising efforts. Our team provides white-glove service supporting nonprofits’ success in raising funds,” said Varchasvi Shankar, President and CEO of iConnectX. “Our solution is unique. Not only do we help our nonprofits by providing them with technology, we have built a community of giving-minded professionals on the same platform to promote and support all of the nonprofit activities.”

iConnectX has one of the best online auction platforms in the market. The mobile application provides a leading interactive experience for auction participants. Setting up and managing the auction is completed through browser admin tools, while participants view and bid. Users are kept up to date by “in app” and email messaging, ensuring they have the information they need when outbid by competitors.

Nonprofits set up Virtual Events easily with tickets sold at multiple levels through the platform within a few minutes. Once published, it is automatically promoted in the iConnectX Marketplace to thousands of networking professionals.

Read More: WorldRemit Partners with Wizall Money to Launch its First Mobile Money Transfer Service to Senegal

Related posts

Even Insured Americans Lack Funds For Out-of-pocket Medical Costs, New Aflac Care Index Shows

Fintech News Desk

Enefit Green Signed Agreements With SEB and Nordic Investment Bank to Raise Debt Financing

Fintech News Desk

Findora Launches $3 Million Liquidity Program for FairySwap

Fintech News Desk