In 2025, donation platform Flipcause collapsed owing 3,200 nonprofits $29 million

Users began reporting delayed transfers of donations as early as late 2024 An Oakland-based donation platform collapsed after thousands of nonprofits said they were left waiting for donations that had been collected for their organisations. Flipcause filed for Chapter 11 bankruptcy in December 2025, listing nearly $29 million owed to more than 3,200 organisations across the US, Oakland voices reported.The company had provided fundraising services that allowed nonprofits and other causes to collect donations, communicate with donors and create websites. According to Flipcause, it served more than 5,000 nonprofits. But users began reporting delayed transfers of donations as early as late 2024.The problems continued into 2025. The California attorney general issued a cease and desist order, while payment processor Stripe froze Flipcause funds and ended its services to the company. Flipcause then sought bankruptcy protection after it was unable to pay its creditors.Bankruptcy records later showed that $3,830,975 was paid to Flipcause executives, family members and related companies between December 2024 and the company's bankruptcy filing on December 19, 2025. At the same time, nonprof...