Revolut Donations and Mastercard are partnering with Save The Children to launch a fundraising campaign to mark Universal Children’s Day.
Specifically, Revolut and Mastercard’s initiative with Save The Children will rebuild and resource four schools destroyed by Cyclone Idai.
All Revolut customers are able to round up their spare change and donate the difference. In addition, they can set up a recurring payment or give a one-off amount via the Revolut Donations feature.
During the campaign, Revolut and Mastercard will match every £1 donated by Revolut Mastercard users up to £80,000.
Revolut Donations: targeting £160,000 for Cyclone Idai relief
The aim is to fundraise £160,000 in total for the cause.
100% of the amount donated by customers goes to charity. Moreover, Revolut and Mastercard charge no fees and take no cut from donations.
There is no minimum donation amount and the feature can be turned on and off by customers at any time.
When Cyclone Idai hit Mozambique in March, schools were badly damaged and children’s learning was put on hold. Without funding, schools can’t be rebuilt, and thousands of children won’t start the school year in a usable classroom.
The reconstruction and resourcing of four schools will ensure that more than 2,000 boys and girls can resume their education.
This will cover school infrastructure, sanitation facilities, teaching and learning materials. The scheme also covers psychosocial support and disaster response plans for any potential future natural disasters.
Revolut Donations: simple, flexible, transparent
Marsel Nikaj, Product Owner for Vaults & Donations at Revolut says: “We launched our Donations feature in July. It makes charitable donations simple, flexible and transparent. We hope that our partnership with Save the Children and Mastercard helps children get the important education they deserve.”
Edoardo Volta, Head of Fintech Partnerships at Mastercard adds: “We are delighted to be partnering with Revolut and Save the Children to support such a deserving cause. Education is the passport to a better future. By raising these funds we hope to be able to offer that to the children affected by Cyclone Idai.”