MONTREAL, April 7, 2014 /CNW Telbec/ - Yoyomolo is proud to announce that it has distributed $1,000,000 since its founding in 2012. Yoyomolo is the only Quebec crowdfunding portal to have reached one million dollars in donations. It's also the only portal to use an innovative technology based on participants' social networks with a person-to-person (P2P) solicitation system.
More than a simple online donation formula, Yoyomolo is based on strength in numbers. With Yoyomolo.com, multiple campaigns can be created in which any number of teams can be activated. Within each team, an unlimited number of participants can be added independently, multiplying the results to spectacular effect.
"We've raised over a million dollars to help organizations, groups, sports teams, arts collectives and foundations looking for an effective fundraising solution in the current economic context, which we all know is difficult. And we're really proud of that," said Benoit L'Archevêque, founder and CEO of Azzimov Mobile and cofounder of Yoyomolo.com.
Yoyomolo is the most effective solution for philanthropic social funding in Quebec. "What thrills us the most," said Yoyomolo co-founder Pierre Gagnon, "Is that we're providing a free-access fundraising solution for every size of organization, whether it's a local soccer team needing funds to enter a tournament or a small foundation looking for money to help someone who's sick."
Yoyomolo was instrumental, for instance, in raising over $8000 for Roxane Beaupré, a young mother with breast cancer; nearly $10,000 to finance the web series Féminin/Féminin by filmmaker Chloé Robichaud and over $40,000 for the Hôpital Maisonneuve-Rosemont's Fonds Antoine-Loranger.
Yoyomolo is the largest and most effective social funding portal in Quebec. Yoyomolo is the brainchild of ODE Technologies, which specializes in transactional platforms for the philanthropic community. ODE boasts over 100 philanthropic projects and over 50 million dollars raised over the past 10 years.
Image with caption: "Yoyomolo.com reaches the million mark (CNW Group/Yoyomolo.com)". Image available at: http://photos.newswire.ca/images/download/20140407_C8735_PHOTO_EN_38861.jpg
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