Before starting a fundraiser, all campaigners undergo a KYC verification, based on the submitted legal identity proofs and other supporting documents.

A Fundmitr Executive also reviews the information submitted by the campaigner and if needed, gets in touch with the campaigner for further discussion. Furthermore, if required our compliance team also conducts patient verification by reaching out to the hospital.

All campaigners at Fundmitr are also required to enter a digital agreement to raise funds. This agreement makes clear the ethical and legal standards campaigners have to meet.

More and more Indians are opting for crowdfunding over traditional financial options such as loans or insurance. Over 70% of Indians are either not medically insured or are grossly under-insured. This means their insurance is rarely able to cover the steep medical costs of critical treatments like cancer or prenatal care.

• Unlike medical loans and insurance (which can take up to weeks to process), a fundraiser on Fundmitr is approved within 24 hours. This ensures you can start raising money almost immediately. Campaigners have raised lakhs of rupees on Fundmitr in less than 24 hours.
• Additionally, you are not liable to pay your donors back and there are no high-interest rates involved as is with loans. This further reduces your financial burden and lets you focus on your cause.
• Quick fund transfers are facilitated to help you deal with emergencies quickly rather than waiting for funds.

Fund transfers take 1-3 working days after your request has been approved. For FCRA Registered NGOs raising foreign funds, fund transfers take 5-7 working days after the request has been made.

We at Fundmitr take authenticity seriously. Our internal fraud detection tools help us to determine whether to accept, reject, or manually review online transactions.

Fraud detection is done basis the risk score of the transaction. The risk score is built up using a combination of machine learning models and human review of network-wide fraud patterns

Some of the features that go into the riskScore are:

The reputation of IP addresses, email addresses, shipping addresses, phone numbers and devices.

Velocity analysis specific to the business and across the minFraud network

IP address analysis including proxy detection and geolocation checks

Fraud/not fraud

In case, if your donation is refunded, could be because of the above reason highlighted to us by our payment gateway partners. We request you to contact your beneficiary bank