JustCoded launches donation crowdfunding portal for Ukrainians
JustCoded has used its LenderKit software to launch a donation crowdfunding portal for Ukrainians in Kharkiv.
The fintech software development company usually uses its flagship product LenderKit as a white label solution to help crowdfunding and peer-to-peer lending platforms bring their product to market.
Konstantin Boyko, chief executive and co-founder of JustCoded, said the firm has spent its own time and resources creating the donation portal based on this LenderKit product, and all the collected money goes directly to trusted volunteers in the Ukrainian city, which is still suffering from Russian shelling.
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“It took us way too long to launch, but better late than never,” he said in a LinkedIn post.
“The idea is very simple. Many people abroad have asked us how they can help and quite reasonably they want to know they are helping real people, not sending money to a “faceless fund”. We also personally know volunteer groups in Kharkiv who do help the real people. So we are connecting them together through a fundraising portal.
“Of course, there are a lot of volunteer groups and a lot of well-established fundraising portals out there (like GoFundMe), so why us?
“We are only focused on Kharkiv, our native city – it is still suffering from bombs, rockets and shelling. A lot of people are still there and they need help every single day.
“We don’t charge anything as an intermediary – all the collected money goes directly to volunteers (except transaction fees). Whatever time and resources we spend to build the platform and keep it functioning is covered by us as JustCoded – this is our contribution.
“We only pass the money to trusted volunteers, the people we know personally and for many years. Don’t judge the platform too hard – it’s a soft launch, we’ll keep improving and extending the platform.”
In March, JustCoded used its Kharkiv headquarters as a shelter for more than 50 people as Russian forces attacked the city, and the team later registered a new office in Germany after staff were forced to flee the Kharkiv offices amid Russian bombing.