To show support for Universal Children’s Day, Revolut and Mastercard have today joined forces with Save The Children to launch a fundraising campaign to rebuild and resource four schools in Mozambique destroyed by Cyclone Idai.
All Revolut customers are able to round up their spare change and donate the difference, set up a recurring payment, or give a one-off amount via the Revolut Donations feature. During the campaign, Revolut and Mastercard will match every £1 donated by Revolut Mastercard users up to a total of £80,000, with an aim to fundraise £160,000 in total for the cause.
One hundred percent of the amount donated by customers goes to charity, with Revolut and Mastercard charging no fees and taking no cut from donations. There is no minimum donation amount and the feature can be turned on and off by customers at any time.
When Cyclone Idai hit Mozambique in March, schools were badly damaged and children’s learning was put on hold. Without funding, schools can’t be rebuilt, and thousands of children won’t start the school year in a classroom fit to learn in.
The reconstruction and resourcing of four schools will ensure that more than 2,000 boys and girls can resume their education and learn in a safe and protective environment. This will cover school infrastructure, sanitation facilities, teaching and learning materials, psychosocial support and disaster response plans for any potential future natural disasters.
Marsel Nikaj, Product Owner for Vaults & Donations at Revolut said: “We launched our Donations feature in July to make charitable donations simple, flexible and transparent. We hope that our partnership with Save the Children and Mastercard will help children affected by Cyclone Idai get the important education they deserve.”
Edoardo Volta, Head of Fintech Partnerships at Mastercard said: “We are delighted to be partnering with Revolut and Save the Children to support such a deserving cause. Education is the passport to a better future and by raising these funds we hope to be able to offer that to the children affected by Cyclone Idai.”
Samira Abu-Helil, Senior Programme Manager at Save the Children said: “The gift of education is one of the best things you can offer a child. Education gives children a future full of possibility, hope and opportunity. And a safe environment in which a child can get that education is so important. Learning outside under a tree or in a classroom with crumbling walls is not safe and every child has the right to go to school and feel safe so they can focus on being a child, learning and playing with their friends.”