Multimillion-rand boost for tertiary students as crowdfunding platform pays out

Student funding efforts received a massive boost this month, as crowdfunding platform Feenix paid out R4.6million to 163 students in its latest disbursement cycle.

The platform was created in the wake of the #FeesMustFall movement and uses social media as a means for students to tap into their networks of potential donors to help them crowdfund and find the finances they need. Funds are paid out directly to academic institutions, with disbursements of the funds raised throughout the academic year.

So far, 2 900 students have been assisted by the organisation since starting in 2017.

“With a mission to support our country’s future data analysts, marketers, engineers, and accountants, we…

South Africa Education News

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