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How is Swiftaid funded?

Written by Swiftaid
Updated 1 week ago

Swiftaid was developed initially with public money in the form of an Innovate UK grant along with equity investment to date. Ongoing funding stems from processing fees and/or subscription fees. 

Swiftaid partners (usually donation platforms and integrators) pay five percent (5% plus VAT) of the value of Gift Aid for each donation for which a Gift Aid declaration is created.

There is no fee for donors.

In the future, we aim to introduce optional services for charities with value-add features beyond claiming Gift Aid. We're still working on how features like this might work and will share more soon!


 

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