A popular fundraising website used by both nonprofits and individuals is being shut down.
ChipIn.com announced on their website that ChipIn Inc. has been merged with InMobi Technologies Pvt. Ltd. InMobi has decided to discontinue the ChipIn site and all accounts will be deactivated on March 7, 2013.
ChipIn says the site was started in 2005 as an easy way for individuals to raise money collectively, and was one of the pioneers in the field.
In six years they helped thousands of users raise millions from contributors for wide-ranging purposes, including surgeries, pet adoptions and medical procedures, college graduation, disaster funds and more.
ChipIn says people with existing accounts will still be able to log in, copy and export data, manage ChipIns, update ChipIn pages, and accept contributions until March 7.
Word about ChipIn's demise is spreading via social media and people are gearing up to raise as much money as they can by the March 7 deadline. They are also looking for alternative methods to raise money.
Animal rescue groups will be particularly hard-hit by the end of ChipIn.
Fund A Pet Miracle, as well as donations taken through Facebook are a couple of options mentioned.