Internet start-up finds its angels and rings in development capital

The young entrepreneur behind has raised a six-figure investment for his business.

Chester Mojay-Sinclaire has attracted angel investment for his business, an online donation which allows small and medium-sized charities to accept donations their own websites.

On the back of the funding, 23 year-old Mojay-Sinclaire will now be recruiting 10 full-time staff to help achieve what he describes as ‘aggressive growth’. His business currently works with 200 charities. works by charging a monthly fee of £8 for a ‘very small charity’, and does not demand any admin fee. Charges then go up to £12 for a small charity, £15 for a medium one and £20 for the largest organisations.

Prior to founding, the entrepreneur created Stardust Ashes, a business offering to scatter ashes into the earth’s stratosphere.

Upon graduating from University College London, he then went on to represent the UK at the Global Student Entrepreneur Awards in New York.

Speaking to GrowthBusiness, Mojay-Sinclaire says, ‘We were lucky in that we only did three pitches for investment and all of which were reasonably successful. The first was to our lead investor, it was a very casual affair in a London cafe. The next pitch was to a company who also offered to invest, but they were looking for preference share so we turned their offer down. The last pitch we did was to The London Angel Club, a group of about 15 investors who put up the remainder of the cash.

‘If you have a good idea and some initial traction raising investment should not be that difficult. You just need to show that you have a credible way of grow the business and generate profit.’

Referring to his new hiring initiative, he says that while it may sound like a cliche, business ‘is all about people’.

‘We’re trying to achieve something that has not been done before, that means we need incredible people to join our team at Charity Checkout.’

Hunter Ruthven

Hunter Ruthven

Hunter was the Editor for from 2012 to 2014, before moving on to Caspian Media Ltd to be Editor of Real Business.

Related Topics