Virtual Piggy Partners with Leading Fundraising Platform
Youth payments technology to be available on FlipGive
LOS ANGELES--(BUSINESS WIRE)-- Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, today announced that it will provide its youth-friendly payment system to FlipGive, a digital give-marketing platform for brands looking to win hearts and drive sales.
The FlipGive platform connects brands to the $200+ billion fundraising market, converting customers into a sales force to raise money. Their give-marketing programs help brands drive sales and create positive social impact in their communities. Current partners included Johnson & Johnson, Lowes, Schwan's, Aldo and Indigo.
Virtual Piggy promotes financial management while empowering youth under 18 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. The technology serves as a family wallet that is available online or via mobile, and is 100% free to use.
"Virtual Piggy's technology makes it much easier for kids and teens to directly support the fundraising efforts of their friends and people in their communities," said Mark Marovich, Brand Director at FlipGive.
"Community giving is a key value for Virtual Piggy's consumers, and FlipGive provides our user base with an excellent fundraising option that we're really excited about," said Dr. Jo Webber, CEO and Founder of Virtual Piggy. "It's important for all ages to be able to support causes they care about on a local, regional and global level."
For information about Virtual Piggy visit www.VirtualPiggy.com
About Virtual Piggy, Inc.
Virtual Piggy, Inc. is the first e-commerce solution that enables kids to manage and spend money within parental controls. It enables parents to teach financial management through the use of a secure family wallet that is available online or via mobile and is always 100% free to use. The technology company delivers online security platforms designed for the Under 18 age group in the global online market, and also enables online businesses the ability to function in a manner consistent with the Children's Online Privacy Protection Act ("COPPA") and similar international children's privacy laws. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com
FlipGive provides a digital platform that connects brands to the $200+ billion fundraising market, converting customers into a sales force to raise money. Our give-marketing programs help brands drive sales and create positive social impact in their communities. Give-marketing is a type of marketing where a company pledges "to give" to a fundraiser in exchange for the fundraisers promoting and selling on the company's behalf. Current partners include Johnson & Johnson, Lowe's, Schwan's, Aldo, Indigo, Pearson, AIMIA and other Fortune 1000 brands. The company is proud to be the first internationally certified B Corporation and shares the B Corp vision of using the power of business to solve social problems. For more information, please visit flipgive.com.
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All statements herein other than statements of historical facts are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Such statements are not guarantees of future performance and are subject to known and unknown risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. Such factors include, but are not limited to, our ability to raise additional capital, our limited operating history and revenue, our ability to attract and retain qualified personnel, our dependence on third party developers, our ability to develop new services, market acceptance of our services, legislative, regulatory and competitive developments, enforcement of our intellectual property, general economic conditions, as well as other factors set forth under the caption "Risk Factors" in our Forms 10-K filed with the SEC, and other filings with the SEC.
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