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FundRazr Founder shares nonprofit crowdfunding insights
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'A tiny Band-Aid on a gaping wound': Why crowdfunding can't fill gaps in U.S. health care.
by Steven D'Souza, CBC News
As the CEO of Vancouver-based FundRazr, Darryl Hatton sees that drama unfold on a daily basis. Hatton founded the site in 2010 and has helped raise more than $70 million for a variety of causes.
Detecting terrorism financing in crowdfunds poses ‘significant challenge’: Fintrac report
By Alexandra Posadzki, Global News
“The short answer is that crowdfunding platforms leverage the anti-money laundering systems of our payment processors". Hatton said he has removed a “very small number” of campaigns over terrorism financing concerns.
Where will the money go? Unprecedented donations keep pouring in for Humboldt Broncos
by CBC News
The outpouring of support, which has generated more money than any other GoFundMe campaign in Canadian history, is "a great gift" to the victims of the tragedy, said Daryl Hatton, CEO of FundRazr.
Ride To Give Finds Niche In Crowdfunding Market
by Devin Thrope, Forbes
Hatton says, "The concept of crowdfunding isn't that new – it's essentially the next generation form of fundraising elevated by technology. It basically levels the playing field for small to mid size non-profits, who are generally under-resourced, and allows them have an even better connection with their community and a bigger funding impact for their cause."
Data Reveals: Rewards Crowdfunding is the New Seed-Funding
by JD Alois, Crowdfundinsider
Daryl Hatton, founder of Fundrazr and Sponsifi, said he was excited to see the data. “Developing a data model to understand the market trends and drivers is a crucial step in the maturation of the industry,” stated Hatton. According to their data, rewards-based crowdfunding grew in excess of 25% in 2015 versus year prior.
Crowdfunding and the downside of helping needy strangers
by CBC News
It's become an increasingly common occurrence: Someone is so moved by another's story of hardship that he or she decides to spontaneously start an online fundraising campaign in that person's name. "We have to be careful not to let reality television take over crowdfunding," says Hatton.
Crowdfunding for non-emergencies: the etiquette of asking for money online
by Steven D'Souza, CBC News
Daryl Hatton, a director with the National Crowdfunding Association of Canada cautions there is a fatigue growing in the marketplace around the concept of crowdfunding. "In the beginning, this was about critical funding emergencies — they had a car accident, or their house burned down, or they were diagnosed with a cancer or critical illness."
69 Ways To Be A Better Social Entrepreneur
by Devin Thorpe, Forbes
That got me thinking, what if I could get the best advice that my network of social entrepreneurs and impact investors could offer in short, tweetable chunks? Wouldn't they have to strip away all of the stuff that doesn't matter to provide game-changing advice?Daryl Hatton, CEO of FundRazr: Most important words for social CEOs: "How can I help?" Builds team, connections, community & success.
When crowdfunding goes wrong: how platforms handle fundraiser disputes
by Steven D'Souza, CBC News
And of course, disputes will inevitably arise when a crowdfunding platform meets campaigners who just aren’t happy with the amount of money they’re raising on the site, says Daryl Hatton, founder and CEO of FundRazr, one of Canada’s biggest crowdfunding platforms. Part of the issue comes down to managing expectations, he says.