One Donation began with the mission to improve employee engagement by enabling employees to support non-profit causes through payroll deduction. We now offer the ability to pay bills too.
Current Status
November 2021 - Contract with HR.com and its 1.6 million HR professionals. Rollout at the end of December. HR.com offers HR professionals continuing eduction and has membership advantages similar to SHRM. Value of $5M in 2022
December 2021 - Merchant product build complete. API to HR.com fully tested. SOC Readiness Assessment complete.
January 2022 - Webinar with HR.com (Over 1200 attendees). To be featured on Booming USA (Top 10% Downloaded podcasts).
Feb and March 2022- 5 Payroll companies added to the pipeline and in tech review.
Deep pipeline available upon request.
Problem or Opportunity
One Donation connects charitable giving to corporate social responsibility and employee engagement by enabling employees to give to over 1.7 million non-profits through payroll deduction. Our new payment certainty platform uses the same backbone to enable employees the ability to qualify for cell phone plans, finance large medical copays, and even pay bills to receive discounts. This increases the stickiness of employees.
Solution (product or service)
In todays rapidly-evolving economy and tight job market,employers need to find new and innovative ways to attract and retain talent. Using the Donation portal and Payment Certainty Platform from One Donation, employees with a whole new way to donate and make purchases without the headache or hassle of traditional loan approvals. Employers provide a life enhancing benefit to employees, payroll platforms get novel way to make a platform stickier w/o Carrier Feeds (big deal).
Turnkey API integration via GraphQL, Secure data integrity and traceability using blockchain technology, No data silos.
Business model
We charge $0.50 per transaction. A transaction is defined as a donation to a non-profit or a payment to a vendor. For non-profit donations, the employer can elect to pay the transaction fee as a benefit. For payment to vendors, the transaction fee is taken from the total funds remitted similar to a credit card transaction.
Incubation/Acceleration programs accomplishment
Queen City Fin Tech Accelerator (Charlotte, NC a GAN Accelerator) Flywheel Accelerator (Winston Salem, NC)
