Idea
Digital tithing: Venmo for churches
Shaan pitches a fintech app that lets congregants donate to their church via app/QR instead of passing the hat. Comp: Pushpay processes $4.2B/yr in church donations and took $98M; Tithe.ly is another. Churches have a strong incentive to distribute it because their survival depends on donations.
“He goes, tithing. Wow. So he goes, digital tithing. So basically, let's give it an analogy, Venmo for churches. So he goes, there's this company called Pushpay that is currently processing $4 billion a year of digital donations inside a church. So instead of passing the hat around, they pass, I don't know, the QR code around or whatever it is.”
Steal thisDistribute a church-donations app through churches themselves, who are highly motivated to grow giving.
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