It’s easy for us to get caught up in fintech and frankly, some of its frivolities, but we had to take a moment to delve into this story and share it with our readers. We recently had a cancer scare in our household, and it’s frightening because it can be physically, emotionally and financially debilitating. We were blessed to find the growth in question was benign, but for others, the news isn’t so good. The UK press reported on several outlets today that the number of cancer patients reaching out through crowdfunding sites for help paying for alternative treatments not covered by the UK’s National Health Service has exploded seven-fold in the past year. This is the human side of fintech, folks, and it’s worth celebrating because in cases like these, it helps bring out the best in our human nature.
“Thousands of patients are turning to crowdfunding sites to raise cash for treatments turned down by the NHS .
JustGiving has seen a huge spike in the number of online fundraising pages set up for treatment abroad – up from just 304 in 2015 to 2,348 last year.
A massive £9.4million was donated via JustGiving to help with medical care in 2016 – a 300 per cent increase on the previous year.
GoFundMe said it had also seen a rise in campaigns to help people cover treatment costs, with nearly £8m raised last year, compared to just under £5m in 2015.”
Read Full Article at Mirror.co.uk