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iDonate Gets $8.7M Equity Round Funding

February 13, 2020 / The NonProfit Times

Software-as-a-Service payments provider iDonate received an infusion of $8.7 million in equity funding to further its growth in 2020. Financing will allow the Plano, Texas-based company to fully integrate iDonate Payments into its core platform, supporting new technologies like Apple Pay and Google Wallet, as well as international payment processing. The funding also will accelerate “more functionality designed to personalize the donor experience and help nonprofits be more efficient as they grow their causes through digital donations,” according to an announcement by the firm.