Giving Compass' Take:

· A financial technology startup known as Revolut is making it easier for people to donate to different organizations by rounding up final payments at the register.

· How are companies like Revolut boosting charitable giving amongst the public? 

· Here's what was learned from 1,000 fintech companies.

Fintech startup Revolut wants to make it easier to donate to charities. Using a new feature, you can now round up card payments to the nearest whole number and donate a little amount to a charity. Over time, those donations might add up.

The startup already has some features to put some money aside and save over time using vaults. Essentially, Revolut is giving you the same tools. But instead of putting money in a vault, you donate that money.

In addition to rounding up transactions, you can multiply spare change by a factor of 2x, 3x, 4x, etc. You can also set up recurring donations to donate a fixed amount every day, week or month.

There’s no minimum on donations. So even if you only rarely use your card, Revolut doesn’t keep anything. There are also no fees for charity partners. When clients donate $100, charities receive $100.

Read the full article about Revolut by Romain Dillet at TechCrunch.