According to a recent YouGov study, 1 in 3 Brits agree that money causes frequent issues between their friends and family.
What’s more, 36% of people say that discussing money with their friends makes them feel uncomfortable while 35% of people have encountered problems getting their money back when lending to their friends.
One possible solution may be to create a ‘money pot’ using a service such as Leetchi.com for a group gift or project.
Creating a money pot for a group gift or project, and having everyone chip in individually, helps eliminate these awkward social situations created by having to ask for money.
With a money pot you can invite others to help finance projects such as group gifts for birthdays, baby showers and co-workers, as well as fundraising for projects, charities and events.
Leetchi.com is an easy, fast and secure money collection platform that allows anyone to collect money online. Launched in 2009, the France-based service has become a leading European money collection platform.
Acquired by French bank Crédit Mutuel Arkéa in 2015, it’s so far amassed more than seven million users and is available in four languages: French, English, Spanish and German.
People can contribute to money pots from over 150 countries, including Britain where the service now has around 2000 customers since recently adding Pound Sterling to the platform.
Unlike existing platforms in the UK market, Leetchi is completely free to create a money pot and launch a campaign. To reduce costs further, its extensive list of partner sites means that you can spend your money pool with no additional fee – making the ‘project to purchase’ process completely free of charge.
Some of the most popular money pots on Leetchi.com currently include a very special wedding gift for Ben and Sara’s wedding, a woman fighting eviction from her London home and a kitchen for homeless refugees in Greece.
So how do you raise money online? In just a few clicks a user can create a personalised money pot online and invite their friends, family and other groups of people to contribute. Each person can chip in to a money pot simply using their bank card.
Once the necessary money has been raised, Leetchi.com users can spend their money pot as they please. They can spend it online on partner sites (100% free), ask for a bank transfer (2.9% fee for transfers above £2000 and 4% below) or offer the electronic money pot directly to the beneficiary.
Social media integration
The integrated fast and secure payment system allows people to donate to money collections with just one click. In addition, advanced social media integration allows users to easily share their money pots across Facebook and Twitter, encouraging your fundraising efforts to go viral.
Céline Lazorthes, CEO and founder of the Leetchi Group, explains how the service got started:
“I was often faced with the problem of advancing money to buy a group gift and spent a lot of time chasing people up to pay me back. The light-bulb moment arrived when I was in charge of organising an integration weekend for my class in Paris. This is when I envisaged an online money pot that would help to overcome the difficulties associated with collecting money in a group.”
Commenting on the recent UK launch, she adds:
“We are very excited to launch Leetchi in the UK and to provide users with the option to finance projects in Pounds. Leetchi has revolutionised the way people raise money for group-gifting and is now bringing an alternative fundraising and gifting service for projects in the UK.”
In association with Leetchi.com