Scottish fintech GiftRound is Fundraising

The Scottish Fintech startup GiftRound is seeking to raise £75,000 (SEIS Pre approved) investment through Crowdcube.

Organising a group gift by passing the traditional card and brown envelope around the office is not efficient or effective in an increasingly cashless society. What’s more teams are frequently spread over different locations, home working or overseas.

GiftRound is a new online service that is changing the way people collect money for gifts. GiftRound provides a quick, hassle-free and secure way to collect money for gifts in the workplace and with friends & family. GiftRound customers can easily create a collection, invite people to contribute

and purchase a gift.

Since its launch GiftRound has received nearly 4000 contribution into 350 successful group collections.

“I found using GiftRound so much easier than collecting money for gifts before, particularly as my colleagues are based across the country. I love the transparency and it not going through my own bank account. I’ll be using it again and recommending it to others.”

RBS Office Manager

“GiftRound made the collection for Xmas gifts for our class teachers super smooth this year. Thank you! Have recommended the service to other classes at the school and I'll be looking into using this at work too.”

Parent collecting for Primary School Teacher’s Christmas gift.

The initial focus for GiftRound was workplace teams in the UK that wanted to celebrate together and show that they care. However, GiftRound has also proven very popular with parents buying a gift for primary school teachers and friends getting together to buy a special wedding gift.

GiftRound is 100% free to use and generates its revenue when customers purchase gifts, gift vouchers or experiences from quality retailers that GiftRound has a relationship with via the GiftRound Store.

GiftRound is seeking to raise £75,000 through Crowdcube to improve the user experience of the platform and integrate a GiftRound Store to provide customers a seamless experience.