These 21-year-old dropouts raised $2M to build Givefront, a fintech for nonprofits

, By Techcrunch
These 21-year-old dropouts raised M to build Givefront, a fintech for nonprofits
FinTech

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The last decade is filled with examples of fintechs that have reshaped how U.S. businesses manage money. Brex simplified corporate cards. Ramp automated spend controls. Mercury rebuilt startup banking. But this wave of financial innovation has largely skipped one major part of the economy: nonprofits.

Givefront, a YC-backed startup founded by 21-year-old Harvard dropout Matt Tengtrakool and UC Berkeley’s Aidan Sunbury, aims to change that. The company is building a financial platform designed specifically for nonprofits, including food banks,…



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These 21-year-old dropouts raised $2M to build Givefront, a fintech for nonprofits

, Published By Techcrunch
These 21-year-old dropouts raised M to build Givefront, a fintech for nonprofits
FinTech


The last decade is filled with examples of fintechs that have reshaped how U.S. businesses manage money. Brex simplified corporate cards. Ramp automated spend controls. Mercury rebuilt startup banking. But this wave of financial innovation has largely skipped one major part of the economy: nonprofits.

Givefront, a YC-backed startup founded by 21-year-old Harvard dropout Matt Tengtrakool and UC Berkeley’s Aidan Sunbury, aims to change that. The company is building a financial platform designed specifically for nonprofits, including food banks,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
Trump Media is merging with fusion power company TAE Technologies in $6B+ deal
Next News
4 Data Architecture Decisions That Make or Break Agentic Systems
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