Today’s Killer Startup: Leetchi
Leetchi makes it super easy to collect money from a group.
Why It’s A Killer Startup:
Every year I go to a music festival in Michigan with a group of awesome individuals. Right now we’re a total of around 25 people (although that number fluctuates from year to year), and while we all bring our own stuff, there are obviously some communal costs that build up over the long weekend: communal food and water, coolers, chairs, trippy lights for the ceiling of our geo dome. We’re lucky to have one awesome organizer who keeps track of all of the costs, but, inevitably, she’s always stuck trying to track people down for their $20 or whatever they owe, post-festival.
And while $20 might not seem like much, it definitely adds up across 25 people.
Next year, I’m going to make sure that everyone is using Leetchi. The site makes it super easy to collect money from groups, whether it’s to pay for communal items at a music festival, pitch in for a birthday present, or cover the costs of a kick ass party. The organizer of the money pot has access to a user-friendly dashboard that includes a description of what they’re collecting money for, how much they’ve already collected, who’s participating, and a sharing link.
Once all of the money is collected, the organizer can choose to spend it on a partner site, give it directly to the recipient (if it’s for a gift), or transfer the money to a bank account. No more unwieldy Google spreadsheets or extra-long Facebook messages or email chains. Leetchi takes care of the entire process, in-site, so that you can go and focus on having a good time instead of deal with tracking down money to pay for that good time.
Stop spending all your time tracking down people to pay you for group expenses. Get @Leetchiweb