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GVNG

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uuid00045ja

Namestring
GVNG
Legal namestring
GVNGorg
Websiteurl
gvng.org
Company typeenum
Private
Founded yearint
2016
Descriptiontext

GVNGorg (operating as GVNG) is a 501(c)(3) California nonprofit public benefit corporation founded in 2016 and headquartered in Los Angeles. The organization operates a cloud-based fiscal sponsorship platform that enables corporations, foundations, B Corps, social entrepreneurs, and individuals to create and manage charitable initiatives without forming a separate 501(c)(3) entity. Under GVNG's tax-exempt umbrella, users can launch a 'For Purpose' Digital Nonprofit, open a GVNG Charitable Account (digital wallet), run crowdfunding campaigns, and process tax-deductible donations, all with real-time financial tracking, compliance management, and donation processing.

The core platform is a proprietary SaaS product built on AWS, with Vercel for frontend hosting and PlanetScale for database infrastructure. It integrates payments and banking through Stripe, PayPal, and Plaid, and uses HubSpot for CRM-driven outbound marketing, Zendesk for support, and Google Analytics and Mixpanel for usage analytics. Functional features include real-time dashboards showing complete transaction history, automated compliance management for IRS requirements, crowdfunding site generation, and an instant digital nonprofit entity application flow at app.gvng.org. The company describes state-of-the-art software capabilities but discloses no AI/ML features, patents, or proprietary models.

GVNG's revenue model is fee-based rather than donation-based. It charges a 2% annual administrative fee (pro-rated monthly) on average daily account balances for both individual and corporate accounts, plus tiered crowdfunding transaction fees of 5% (under $25K), 4% ($25K-$99,999), and 3% (above $100K), plus payment processing fees. A 5% fee applies to stock and cryptocurrency contributions. The go-to-market is a hybrid model: a self-serve digital platform for individuals and smaller projects, combined with an enterprise field sales motion targeting corporations giving $5-25M annually, foundations, and B Corps, supported by demo scheduling and outbound campaigns. The company has raised approximately $4.05M across four funding rounds between 2018 and 2021, with no disclosed revenue or ARR data.

Short descriptiontext

GVNGorg is a 501(c)(3) nonprofit operating a cloud-based fiscal sponsorship SaaS platform that lets corporations, foundations, B Corps, and individuals launch and manage charitable initiatives, including digital wallets, crowdfunding, and real-time compliance tracking, under its tax-exempt umbrella.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersLos Angeles, United States
HQ citystring
Los Angeles
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
fiscal sponsorship, corporate philanthropy, donor-advised funds, nonprofit management, charitable giving platform
Industry1 code
PRIMARYFSAFAOAG
Risk, Controls & Governance (GRC) Platforms
Financial & Insurance/Financial Exchanges & Market Infrastructure/Regulatory Technology (RegTech) Solutions
NAICS code2 codes
  • Grantmaking and Giving Services81321
  • Civic and Social Organizations813410
Product category
Fiscal Sponsorship Platform
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Nonprofit Administrative Fees
TypeSubscription Recurring
Description

Annual fee charged on average daily account balance, calculated and pro-rata deducted monthly. Individual and corporate accounts both charged at 2%. No minimum balance requirements.

gvng.org
2Crowdfunding Transaction Fees
TypeTransaction Fee
Description

Percentage-based fees on donations processed through crowdfunding campaigns, with tiered pricing: 5% for donations under $25,000, 4% for $25,001-$99,999, and 3% for donations above $100,000, plus payment processing fees.

gvng.org
3Alternative Asset Processing Fees
TypeTransaction Fee
Description

5% fee deducted from gross amount for contributions made via stock or cryptocurrency to cover processing costs.

gvng.org
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Pricing details6 tiers
1Individual Account - 2% annual fee
ModelSubscriptionBilling cadenceMonthly
Notes

Annual fee calculated and pro-rata deducted monthly based on average daily account balance. No minimum balance required.

gvng.org
2Corporate Account - 2% annual fee
ModelSubscriptionBilling cadenceMonthly
Notes

Annual fee calculated and pro-rata deducted monthly based on average daily account balance. Ideal for corporations giving $5-25 million annually.

gvng.org
3Crowdfunding Fees (Under $25K)
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

5% transaction fee plus payment processing fee (varies by payment method).

gvng.org
4Crowdfunding Fees ($25K-$99,999)
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

4% transaction fee plus payment processing fee (varies by payment method).

gvng.org
5Crowdfunding Fees ($100,000+)
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

3% transaction fee plus payment processing fee (varies by payment method).

gvng.org
6Stock/Crypto Contribution Processing
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

5% fee deducted from gross amount for contributions made via stock or cryptocurrency.

gvng.org
GTM typeB2B and B2C
B2B and B2C
Offering typeSoftware
Software
Core offering1 text field

GVNG operates a digital fiscal sponsorship platform that enables corporations, foundations, individuals, and social entrepreneurs to launch and manage tax-exempt charitable initiatives under its 501(c)(3) umbrella. The platform provides instant nonprofit entity setup, donation processing, compliance management, and real-time financial tracking through a cloud-based dashboard, eliminating the need to form a separate 501(c)(3) entity.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Faster project launch compared to traditional 501(c)(3) formation
+2 more records
Product overview1 text field

GVNG offers a unified digital platform for fiscal sponsorship that combines multiple integrated services. The core GVNG Platform serves as the main interface for managing charitable initiatives, while the GVNG Charitable Account (Wallet) handles fund management and real-time tracking. The platform also includes Crowdfunding Sites for campaign-based fundraising and enables instant creation of Digital Nonprofit Entities. These components work together to provide a comprehensive 'nonprofit-in-a-box' solution for corporate philanthropy and charitable giving management.

Product and service1 record
1GVNG Platform
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeTechnology or Integration
Description

Third-party payment processor for handling payment transactions on the GVNG Platform. Stripe processes payments according to its Terms of Service and Privacy Policy. All payments made via Stripe are subject to Stripe's terms and conditions.

Strategic tierCoreTypeTechnology or Integration
Description

Third-party payment processor integrated with GVNG for processing donations and contributions. Users can link PayPal accounts as a contribution or donation method.

Strategic tierCoreTypeTechnology or Integration
Description

Banking connectivity partner enabling ACH bank transfers and Plaid bank link functionality for contributions and identity verification purposes. GVNG has an agreement with Plaid for data access and transmission services.

Strategic tierMinorTypeOthers
Description

External charity rating organization where GVNG's nonprofit profile (EIN 81-2446261) is listed, providing credibility and transparency verification for donors.

Strategic tierMinorTypeOthers
Description

Candid-powered charity information database where GVNG is searchable, enhancing transparency and donor trust through nonprofit verification.

Strategic tierMinorTypeOthers
Description

Directory listing for fiscal sponsorship organizations, providing visibility and credibility within the nonprofit sector.

Strategic tierMinorTypeOthers
Description

Nonprofit transparency organization where GVNG is listed to enhance credibility and visibility in the philanthropic ecosystem.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Largest independent donor-advised fund sponsor in the US, holding billions in AUM. Comparable to GVNG in offering DAF-style charitable giving accounts with low fees, but at much greater scale, with a longer regulatory track record and broader donor services.

TypeDirect peer
Description

Digital donor-advised fund platform providing a low-fee online charitable giving account with automated tax receipting and grantmaking. Directly comparable to GVNG's Charitable Account (Wallet) product targeting individual and small-business donors seeking a modern DAF experience.

TypeEmerging player
Description

Cloud-based grants management platform for foundations and nonprofits. Comparable to GVNG in serving the philanthropic ecosystem with software for managing giving, though focused on grants management workflow rather than fiscal sponsorship.

TypeDirect peer
Description

One of the largest fiscal sponsors in the US, providing 501(c)(3) status and back-office infrastructure for creative and social projects. Directly comparable to GVNG as a multi-project fiscal sponsor with similar use cases, though skewed toward arts/creative projects rather than corporate philanthropy.

TypeBroad incumbent
Description

Corporate philanthropy and grants management software owned by Bonterra. Comparable as a tech platform for managing corporate giving programs at enterprise scale, though focused on grants management rather than fiscal sponsorship.

TypeDirect peer
Description

Digital donor-advised fund app focused on everyday givers with low fees and mobile-first UX. Closely comparable as a modern, self-serve DAF competing for the same digitally-native donor segment GVNG targets with its PLG motion.

TypeBroad incumbent
Description

Large fiscal sponsor and philanthropic intermediary with multi-billion-dollar AUM, offering project incubation and grantmaking services. Directly comparable in fiscal sponsorship model, though serving more progressive movement-building causes than GVNG's corporate philanthropy focus.

TypeDirect peer
Description

Donor-advised fund platform providing charitable giving accounts to individuals and businesses. Comparable as a tech-enabled DAF provider with similar target customer segments and fee-based revenue model.

TypeBroad incumbent
Description

Corporate giving and employee engagement SaaS platform used by large enterprises. Comparable as a technology-enabled corporate philanthropy platform, though Benevity focuses on employee-led giving and matching programs rather than fiscal sponsorship under a single 501(c)(3).

TypeBroad incumbent
Description

Large community foundation managing billions in charitable assets, including corporate advised funds and DAFs. Comparable to GVNG in offering corporate clients an alternative to setting up private foundations, but with much deeper institutional roots.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration8 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

GVNG

Fiscal Sponsorship Platformgvng.org

GVNGorg is a 501(c)(3) nonprofit operating a cloud-based fiscal sponsorship SaaS platform that lets corporations, foundations, B Corps, and individuals launch and manage charitable initiatives, including digital wallets, crowdfunding, and real-time compliance tracking, under its tax-exempt umbrella.

What GVNG does

GVNGorg (operating as GVNG) is a 501(c)(3) California nonprofit public benefit corporation founded in 2016 and headquartered in Los Angeles. The organization operates a cloud-based fiscal sponsorship platform that enables corporations, foundations, B Corps, social entrepreneurs, and individuals to create and manage charitable initiatives without forming a separate 501(c)(3) entity. Under GVNG's tax-exempt umbrella, users can launch a 'For Purpose' Digital Nonprofit, open a GVNG Charitable Account (digital wallet), run crowdfunding campaigns, and process tax-deductible donations, all with real-time financial tracking, compliance management, and donation processing.

The core platform is a proprietary SaaS product built on AWS, with Vercel for frontend hosting and PlanetScale for database infrastructure. It integrates payments and banking through Stripe, PayPal, and Plaid, and uses HubSpot for CRM-driven outbound marketing, Zendesk for support, and Google Analytics and Mixpanel for usage analytics. Functional features include real-time dashboards showing complete transaction history, automated compliance management for IRS requirements, crowdfunding site generation, and an instant digital nonprofit entity application flow at app.gvng.org. The company describes state-of-the-art software capabilities but discloses no AI/ML features, patents, or proprietary models.

GVNG's revenue model is fee-based rather than donation-based. It charges a 2% annual administrative fee (pro-rated monthly) on average daily account balances for both individual and corporate accounts, plus tiered crowdfunding transaction fees of 5% (under $25K), 4% ($25K-$99,999), and 3% (above $100K), plus payment processing fees. A 5% fee applies to stock and cryptocurrency contributions. The go-to-market is a hybrid model: a self-serve digital platform for individuals and smaller projects, combined with an enterprise field sales motion targeting corporations giving $5-25M annually, foundations, and B Corps, supported by demo scheduling and outbound campaigns. The company has raised approximately $4.05M across four funding rounds between 2018 and 2021, with no disclosed revenue or ARR data.

GVNG firmographics

Firmographics
Name
GVNG
Legal name
GVNGorg
Website
https://gvng.org
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
11–50 employees
Short description
GVNGorg is a 501(c)(3) nonprofit operating a cloud-based fiscal sponsorship SaaS platform that lets corporations, foundations, B Corps, and individuals launch and manage charitable initiatives, including digital wallets, crowdfunding, and real-time compliance tracking, under its tax-exempt umbrella.
Ownership category
akta.pro rank

GVNG industry classification

Industry
Product category
Fiscal Sponsorship Platform
NAICS
Grantmaking and Giving Services (81321), Civic and Social Organizations (813410)
akta.pro industry
PRIMARYFSAFAOAG
Risk, Controls & Governance (GRC) Platforms
Financial & Insurance/Financial Exchanges & Market Infrastructure/Regulatory Technology (RegTech) Solutions

Keywords

  • Fiscal sponsorship
  • Corporate philanthropy
  • Donor-advised funds
  • Nonprofit management
  • Charitable giving platform

Where GVNG is headquartered

Location

Headquarters

HQ city
Los Angeles
HQ country
United States
HQ region
North America

Offices1 record

Markets served

GVNG business model

Business model
GTM type
B2B and B2C
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Nonprofit Administrative Fees: Annual fee charged on average daily account balance, calculated and pro-rata deducted monthly. Individual and corporate accounts both charged at 2%. No minimum balance requirements.
  2. Crowdfunding Transaction Fees: Percentage-based fees on donations processed through crowdfunding campaigns, with tiered pricing: 5% for donations under $25,000, 4% for $25,001-$99,999, and 3% for donations above $100,000, plus payment processing fees.
  3. Alternative Asset Processing Fees: 5% fee deducted from gross amount for contributions made via stock or cryptocurrency to cover processing costs.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyIndividual Account - 2% annual fee
SubscriptionMonthlyCorporate Account - 2% annual fee
Transaction based/ take ratePay-as-you-goCrowdfunding Fees (Under $25K)
Transaction based/ take ratePay-as-you-goCrowdfunding Fees ($25K-$99,999)
Transaction based/ take ratePay-as-you-goCrowdfunding Fees ($100,000+)
Transaction based/ take ratePay-as-you-goStock/Crypto Contribution Processing

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

GVNG product offering

Product offering

Core offering

GVNG operates a digital fiscal sponsorship platform that enables corporations, foundations, individuals, and social entrepreneurs to launch and manage tax-exempt charitable initiatives under its 501(c)(3) umbrella. The platform provides instant nonprofit entity setup, donation processing, compliance management, and real-time financial tracking through a cloud-based dashboard, eliminating the need to form a separate 501(c)(3) entity.

Product overview

GVNG offers a unified digital platform for fiscal sponsorship that combines multiple integrated services. The core GVNG Platform serves as the main interface for managing charitable initiatives, while the GVNG Charitable Account (Wallet) handles fund management and real-time tracking. The platform also includes Crowdfunding Sites for campaign-based fundraising and enables instant creation of Digital Nonprofit Entities. These components work together to provide a comprehensive 'nonprofit-in-a-box' solution for corporate philanthropy and charitable giving management.

Differentiator

Problem solved

Functional benefit

Products and services

  • GVNG Platform

Quantifiable outcome

  • Faster project launch compared to traditional 501(c)(3) formation
  • +2 more outcomes

Companies that use GVNG

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles4 records

GVNG technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

GVNG partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and minor.

  • StripecoreTechnology or IntegrationThird-party payment processor for handling payment transactions on the GVNG Platform. Stripe processes payments according to its Terms of Service and Privacy Policy. All payments made via Stripe are subject to Stripe's terms and conditions.
  • PayPalcoreTechnology or IntegrationThird-party payment processor integrated with GVNG for processing donations and contributions. Users can link PayPal accounts as a contribution or donation method.
  • PlaidcoreTechnology or IntegrationBanking connectivity partner enabling ACH bank transfers and Plaid bank link functionality for contributions and identity verification purposes. GVNG has an agreement with Plaid for data access and transmission services.
  • Charity NavigatorminorOthersExternal charity rating organization where GVNG's nonprofit profile (EIN 81-2446261) is listed, providing credibility and transparency verification for donors.
  • GuideStarminorOthersCandid-powered charity information database where GVNG is searchable, enhancing transparency and donor trust through nonprofit verification.
  • FiscalSponsors.orgminorOthersDirectory listing for fiscal sponsorship organizations, providing visibility and credibility within the nonprofit sector.
  • CandidminorOthersNonprofit transparency organization where GVNG is listed to enhance credibility and visibility in the philanthropic ecosystem.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

GVNG competitors and assessment

Company assessment

Broad incumbents

  • National Philanthropic Trust: Largest independent donor-advised fund sponsor in the US, holding billions in AUM. Comparable to GVNG in offering DAF-style charitable giving accounts with low fees, but at much greater scale, with a longer regulatory track record and broader donor services.
  • CyberGrants: Corporate philanthropy and grants management software owned by Bonterra. Comparable as a tech platform for managing corporate giving programs at enterprise scale, though focused on grants management rather than fiscal sponsorship.
  • Tides Foundation: Large fiscal sponsor and philanthropic intermediary with multi-billion-dollar AUM, offering project incubation and grantmaking services. Directly comparable in fiscal sponsorship model, though serving more progressive movement-building causes than GVNG's corporate philanthropy focus.
  • Benevity: Corporate giving and employee engagement SaaS platform used by large enterprises. Comparable as a technology-enabled corporate philanthropy platform, though Benevity focuses on employee-led giving and matching programs rather than fiscal sponsorship under a single 501(c)(3).
  • Silicon Valley Community Foundation: Large community foundation managing billions in charitable assets, including corporate advised funds and DAFs. Comparable to GVNG in offering corporate clients an alternative to setting up private foundations, but with much deeper institutional roots.

Direct peers

  • Charityvest: Digital donor-advised fund platform providing a low-fee online charitable giving account with automated tax receipting and grantmaking. Directly comparable to GVNG's Charitable Account (Wallet) product targeting individual and small-business donors seeking a modern DAF experience.
  • Fractured Atlas: One of the largest fiscal sponsors in the US, providing 501(c)(3) status and back-office infrastructure for creative and social projects. Directly comparable to GVNG as a multi-project fiscal sponsor with similar use cases, though skewed toward arts/creative projects rather than corporate philanthropy.
  • Daffy: Digital donor-advised fund app focused on everyday givers with low fees and mobile-first UX. Closely comparable as a modern, self-serve DAF competing for the same digitally-native donor segment GVNG targets with its PLG motion.
  • Chariot: Donor-advised fund platform providing charitable giving accounts to individuals and businesses. Comparable as a tech-enabled DAF provider with similar target customer segments and fee-based revenue model.

Emerging players

  • Fluxx: Cloud-based grants management platform for foundations and nonprofits. Comparable to GVNG in serving the philanthropic ecosystem with software for managing giving, though focused on grants management workflow rather than fiscal sponsorship.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

GVNG social profiles

Digital presence

GVNG compliance and trust

Trust signal

Compliance2 records

GVNG financial estimates

Financial estimate

Revenue estimate

Valuation estimate

GVNG leadership team

Management profile

Number of profiles

Profiles3 records

GVNG funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

GVNG M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GVNG

What does GVNG do?

GVNG operates a digital fiscal sponsorship platform that enables corporations, foundations, individuals, and social entrepreneurs to launch and manage tax-exempt charitable initiatives under its 501(c)(3) umbrella. The platform provides instant nonprofit entity setup, donation processing, compliance management, and real-time financial tracking through a cloud-based dashboard, eliminating the need to form a separate 501(c)(3) entity.

Is GVNG a public or private company?

GVNG is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was GVNG founded?

GVNG was founded in 2016. It employs 11 to 50 people.

Where is GVNG based?

GVNG is headquartered in Los Angeles, United States, in the North America region.

How does GVNG make money?

Three revenue lines are on record. Nonprofit Administrative Fees are the primary driver. The others are crowdfunding Transaction Fees and alternative Asset Processing Fees.

Who are GVNG's main competitors?

Broad incumbents on record are National Philanthropic Trust, CyberGrants, Tides Foundation, Benevity and Silicon Valley Community Foundation. Direct peers are Charityvest, Fractured Atlas, Daffy and Chariot. Fluxx is listed as an emerging player.

Does GVNG have an API?

No public API is recorded for GVNG.

What industry is GVNG in?

GVNG's product category is Fiscal Sponsorship Platform. Its primary akta.pro industry code is FSAFAOAG, Risk, Controls & Governance (GRC) Platforms. Its NAICS code is 81321.

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Live signals
PR NewswireDonateStock Announces Exclusive Stock Gifting Partnership With GVNGDonateStock, a fintech startup transforming charitable giving, has announced an exclusive stock gifting partnership with GVNG that allows users to donate appreciated stock to their GVNG Wallet, take an immediate tax deduction, and distribute charitable gifts to causes of their choice at a later date. The partnership addresses a significant gap in charitable giving, as fewer than 1% of investors previously donated stock and few nonprofits solicited stock donations. DonateStock enables 60 million American investors to donate stock to any accredited US nonprofit in 10 minutes or less, with proceeds deposited into the holder's GVNG Wallet.GlobeNewswireGVNG and CharityBids Launch Virtual Celebrity Auction on Charitybuzz to Help Hospitals and Medical Workers Battle Covid-19GVNG and CharityBids launched a celebrity auction on Charitybuzz to raise funds for hospital medical supplies, with the first part ending April 3. The campaign, led by GVNG CEO Dominic Kalms, has already generated tens of thousands in bids and distributed its first grant for masks and gowns. More celebrities are expected to join over coming weeks.PR NewswireFICO Regtech Solutions Will Protect GVNG Nonprofit Platform from Financial CrimeFICO announced that GVNG, a Los Angeles-based technology platform enabling individuals to start and operate 501(c)(3) nonprofits, will deploy the FICO TONBELLER Siron suite of anti-money laundering and know your customer solutions on AWS cloud. GVNG selected FICO for its scalability, alert quality, and rapid deployment capability, aiming to support its goal of signing up 2,000 programs within the next year while preventing money launderers, terrorist financers, and other bad actors from exploiting its platform. The solution will enable GVNG to perform risk-based checks on charities, donors, payment recipients, and volunteers with immediate alerts for suspicious transactions.