Akimbo Launches Community Program
Supporters' Akimbo Visa(R) Prepaid Cards Can Now Be Used to Help Organizations Raise Funds

(firmenpresse) - SAN ANTONIO, TX -- (Marketwired) -- 08/06/13 -- Akimbo Financial (), the social payment startup that is reinventing allowance with a card built to deliver money in the U.S. anytime, anywhere, announced today the launch of the , where charities and other groups can raise funds when their supporters use their Akimbo Cards.
Every time a member of a participating organization loads money on his or her Akimbo Card, Akimbo donates a percentage of that amount to the organization. Each month, Akimbo will send the group a report of its members' card loads and a check for the proceeds raised.
"Our new Community Program is a natural for us, given the social nature of the Akimbo Card," said Houston Frost, Akimbo's co-founder and CEO. "It's an easy way for an organization to engage supporters who want to help but may have difficulty volunteering or making major contributions. It's a great way to raise funds for charities, community groups, schools and extracurricular programs."
Dr. Luz-Cristal Glangchai, PhD, Founder and CEO of the educational non-profit Venturelab commented, "The Akimbo Community Program has made it very easy for our supporters to help fund our cause. We simply remind them to use their Akimbo Card for their regular purchases. If things are tight for our supporters, they can still give a little without affecting their budget. It all adds up, and at the end of the month, Akimbo sends us a check."
Members can use their Akimbo Card everywhere Visa debit cards are accepted and at ATMs displaying the STAR® or Plus® acceptance mark. Akimbo provides the ability to share money with any other Akimbo Card instantly, making them perfect for allowances, emergencies or last-minute gifts. Members can also create up to five "sub cards" for kids, friends, family or staff to make sharing money even easier.
To learn more about Akimbo Financial and the Akimbo Card, please visit .
The Akimbo Card is a social payment and allowance card that provides a no-cost and instant way to share money with friends and family. You can load money from a bank account, via direct deposit, or with cash at various retail locations. The Akimbo Card can be used everywhere Visa debit cards are accepted, including ATMs, and to send money via email, Facebook, or SMS. The Akimbo Card is issued by The Bancorp Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. For more information, please visit .
All product and company names herein may be trademarks of their registered owners.
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Bereitgestellt von Benutzer: Marketwired
Datum: 06.08.2013 - 11:55 Uhr
Sprache: Deutsch
News-ID 284915
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