Standard Bank launches crowd funding platform for students

Standard bank has launched the Feenix Trust, a crowd funding initiative for students to help raise money for their tertiary education.

Anyone can donate, from a minimum of R100.

Jayshree Naidoo is the Interim CEO of Feenix Trust & Head of Standard Bank says university activation will kick off this month.

You go to the platform, you will see hundreds of student's stories, and you decide whether you want to contribute R100 or anything up to the amount owing to their fees.

Jayshree Naidoo, Interim CEO of Feenix Trust & Head of Standard Bank

This platform helps to gather funding from a crowd, but also helps corporates to use their triple BEE spend or their SED spend that is being under utilised at the moment.

Jayshree Naidoo, Interim CEO of Feenix Trust & Head of Standard Bank

Click on the link below to listen to the full audio...


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