Where do you if you want to raise money for yourself online? There’s GoFundMe, an online service that lets you raise money for a personal cause like tuition or medical bills. Well, GoFundMe will soon have a competitor in Facebook. The world’s largest social network has launched a new “personal fundraiser” feature to let you do just that.

Facebook’s new personal fundraiser feature will enable users to raise money for themselves or on someone’s behalf for causes like tuition, medical bills, and crises.

The company is going to roll out this feature to users aged 18 and up in the United States over the next few weeks. Once the feature is live, users will be able to set up a Facebook page for their fundraising campaign where they can provide more information about it, set the fundraising goal, and also receive donations through that very page.

One advantage that this feature has over GoFundMe is that it’s going to be attached to the fundraiser’s Facebook profile so those who are making a donation can easily see how they’re giving money to. It will obviously help fundraisers that they can share their campaign within Facebook’s social graph.

Facebook says that initially, it will only allowing fundraising campaigns for tuition, medical bills, pets’ medical bills, disaster relief, personal emergencies, and assistance for families after a death. It’s open to adding more categories in the future.

Filed in Web. Read more about . Source: newsroom.fb

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