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YuFundMe is a company for-profit crowdfunding platform that allows people especially from the ethnic minorities to raise money for events ranging from life events such as celebrations and graduations to challenging circumstances like accidents and illnesses.

YuFundMe is a company for-profit crowdfunding platform that allows people especially from the ethnic minorities to raise money for events ranging from life events such as celebrations and graduations to challenging circumstances like accidents and illnesses.

The company is based in London-UK City. The company was founded in March 2020 by Willy Mutenza after an incidence when he lost a friend and he needed to raise funds for her burial. He realised that there is a need to establish a platform dedicated to the ethnic minorities as their needs are different and needs a special platform.

YuFundMe lets users create their own mini-website with which they raise money. During this process, members can describe their fundraising cause and the amount they hope to raise, and upload photos or video. Once the website is created, YuFundMe allows users to share their project with people through integrated social network links WhatsApp, (Facebook, Twitter, etc.) and email.
People can then donate to a user’s cause through the website using a debit card or credit card and track the progress of their funding.

Those who donate can also leave comments on the website in support of the project. If the user receives no donations, then no charge is made. Payment processors collect 2.2% and $1.30 from each YuFundMe transaction.

YuFundMe is dedicated for personal projects that allow for donations to personal causes and life events such as medical bills.

YuFundMe also has a special section dedicated solely to users who are trying to raise money to cover their tuition costs.

YuFundMe targets social media platforms to create awareness for campaigns, and encourages individual users to promote their fundraiser on social media throughout a campaign.

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