Fintech company Overflow has announced its $20 million Series B funding round led by Wesleyan Investment Foundation. Overflow wants to revamp charitable giving by creating products that make donating frictionless and elevated.
The company aims to democratize innovative financial solutions for the philanthropic sector. Overflow’s platform offers a full suite of cash and non-cash giving options, including stock donations, ACH, card payments and cryptocurrency. More than 450 organizations including the Golden State Warriors Community Foundation and Church of the Highlands use Overflow’s solution.
The new investment will enable Overflow to scale as it works to become the comprehensive financial partner for the faith space and beyond. The company plans to expand its offerings beyond its core giving solution to include spend management and other financial tools for churches and nonprofits.
