These 21-Year-Old Dropouts Raised $2M To Build Givefront, A Fintech For Nonprofits
Two 21-year-old dropouts raised $2M to launch Givefront, a YC-backed fintech building modern spend management and compliance tools for nonprofits.
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These 21-Year-Old Dropouts Raised $2M To Build Givefront, A Fintech For Nonprofits
A new generation of fintech founders is turning its attention to nonprofits, a sector long overlooked by venture-backed financial innovation. Givefront, a YC-backed startup founded by two 21-year-old college dropouts, has raised $2 million to modernize how nonprofits manage money. The platform is designed specifically for charities, churches, NGOs, food banks, and homeowner associations that struggle with outdated financial tools. While startups benefit from sleek spend management and compliance software, nonprofits often rely on spreadsheets and legacy systems. Givefront aims to close that gap with purpose-built infrastructure. The founders believe better financial tooling can help nonprofits stay compliant and scale faster. Investors appear to agree. Credit: Givefront Fintech Innovation Has Largely Skipped the Nonprofit Sector Over the past decade, fintech startups like Brex, Ramp, and Mercury have transformed how U.S. businesses handle banking and expenses. That wave of innovation, ho…
