Instagram Tests ‘Personal Fundraiser’ Feature Similar to GoFundMe

Earlier today, Instagram announced that it would be testing a new "personal fundraiser" feature that will let users raise money for a personal cause directly through the photo sharing app. That includes things like raising money for "personal emergencies," like having your gear stolen, or even raising money to fund your "hobbies."

SnapChat Heading Towards Monetization and a Potential $1 Billion Valuation

To say that SnapChat has taken off would be an understatement. When we first wrote about the app in December of last year, we were impressed that the (not entirely) self-destructing photo messaging app had managed to raise over $10 million at a $70 million valuation. Now, if we add a zero to each of those numbers we'd still fall short of what several sources are expecting from the SnapChat's latest round of funding.