Sixpence Giving | Blog

Roundups Explained

Written by Sarah Taylor | Jul 6, 2019 5:08:48 PM

Are you more of a visual learner? Here is a quick video that summarizes everything below:

 

 

Sixpence App allows you to use roundup crowdfunding as a way to support causes that are important to you. 

 

Want to read? Okay! So, what exactly is a roundup?

 

Let's say you go to a coffee shop and spend $6.50 on a latte and a scone. When you use Sixpence to support a campaign, the app automatically rounds the 6.50 up to $7.00 and the 50 cents is donated to the campaign of your choice.

On the Sixpence app, you link your bank information and debit or credit card to your account which will allow you to instantly begin supporting the campaign of your choice.

Campaigns can support local teachers, or help a nonprofit or church raise funds- everyone can find something they are passionate about supporting on Sixpence.

Simple, right?

You may be wondering where crowdfunding fits into all of this. Roundup crowdfunding is simply the same roundup concept from above but multiplied by all of the users who may be donating to the same cause. This blog will get you up to speed on everything about the Sixpence app.

So, if you and 5 of your neighbors support the same Sixpence fundraiser, you are participating in Roundup Crowdfunding and making a difference in your community.

The average donation comes to around $20 a month and the app is free. We just charge 5.5% from funds raised (with some special exceptions for qualifying causes). 

So what are you waiting for, you can download Sixpence on Apple, Android, or our Web App!

Have you downloaded Sixpence yet? Let us know on social media what you think about what we're building!