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Linktree Announces Launch Of Passion Fund In Partnership With Square

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Linktree announces the launch of the Passion Fund in partnership with Square on May 26, 2021. The fund, which totals $250,000, aims to support creators and entrepreneurs by providing financial resources and tools to turn their passions into careers. The Passion Fund will offer awards across three tiers: Gold, Silver, and Bronze, with amounts ranging from $1,000 to $20,000. Additionally, winners will receive exclusive benefits from Linktree, including marketing workshops and no transaction fees on Commerce Links.

Positive
  • Launch of the $250,000 Passion Fund to support creators and entrepreneurs.
  • Awards distributed across three tiers: Gold ($20,000), Silver ($4,000), Bronze ($1,000).
  • Inclusion of marketing workshops and exclusive Linktree benefits for winners.
Negative
  • None.

MELBOURNE, Australia, May 26, 2021 /PRNewswire/ -- Linktree, the market-leading linking platform, today announced the launch of their Passion Fund partnership with Square. The Passion Fund will award creators, business owners, activists, or anyone with a big dream with an investment and tools to help turn their passion into a career.

The fund also celebrates the recent addition of Commerce Links, powered by Square, to the platform which enables Linktree users to engage in frictionless transactions, quicker paths to purchase for their customers, more opportunities for monetization and an ability to connect their online ecosystem to their products or services.

"The tremendous growth the creator economy is experiencing can make it harder for some to breakthrough and the Passion Fund provides an opportunity for creators to receive financial resources and industry expertise to bring their work and passion to a global audience," said Alex Zaccaria, co-founder and CEO of Linktree. "Our partnership with Square is the next step in enabling creators to curate an online ecosystem all in one place by seamlessly monetizing their Linktree."

"Square was built to help everyone participate and thrive in the economy, regardless of the size or type of business," said Lauren Weinberg, Square's Global Head of Marketing. "We're delighted to be working with Linktree to help creators turn their passion into a living."

Beginning on May 26, 2021, standout creators and entrepreneurs throughout the world are invited to submit their application to receive a share of the $250,000 fund.

Submissions will be evaluated by a panel of influential, self-made business leaders, creators, founders and digital experts chosen for their unique stories and experiences turning their passions into thriving businesses. They include:

  • Karamo: is an American television host, reality television personality, author, actor, and activist. Karamo currently stars as the culture/life coach expert on Queer Eye.
  • Li Jin: Li Jin is the founder and General Partner of Atelier Ventures, an early-stage VC fund focused on the passion economy & future of work. She was previously a consumer partner at Andreessen Horowitz.
  • Grace Beverley: is a successful entrepreneur shaking up the archaic business world, with a global reach of over 1.5 million and founder of two brands that are paving the way in D2C fitness concepts. Grace was Natwest GBEA Young Entrepreneur of the Year and named first in Forbes 30 under 30's retail and e-commerce list, aged twenty-three.
  • Alex Zaccaria: is Linktree co-founder and CEO. Alex has been a serial entrepreneur and creator since his teens, managing musicians and generating revenue streams for his artists, before launching a digital agency, which Linktree was born out of.
  • Lauren Weinberg is Square's Global Head of Marketing. For the past four years, she has led Square's marketing and communications teams, helping tell its story of economic empowerment.

The Passion Fund has three tiers - Gold, Silver and Bronze -- and funds will be awarded as follows:

  • Gold: 9 x $20,000
  • Silver: 10 x $4000
  • Bronze 10 x $1000

In addition, there will be a People's Choice Award Winner, who is selected by the public and will receive $20,000.

To further pursue their passions and work towards their goals, all winners will receive exclusive use of Linktree benefits including lifetime PRO access, marketing workshops with the Linktree team and no transaction fees on their Commerce Links.

For specific submission criteria, please visit https://linktr.ee/s/passion-fund.

About Linktree
Linktree enables creators, brands, artists, publishers, agencies, and businesses of all sizes to curate an online ecosystem, engage with their audience and monetize their passion. The platform is utilized by more than 14 million users globally including TikTok, Selena Gomez, Red Bull, Alicia Keys, Facebook,the Los Angeles Clippers, Jessica Alba, Comedy Central and HBO. Founded by brothers Alex and Anthony Zaccaria and Nick Humphreys in 2016, Linktree is headquartered in Melbourne, Australia. For more information visit https://linktr.ee/.

About Square, Inc.
Square, Inc. (NYSE: SQ) builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in person, manage their business, and access financing. Individuals use Cash App to spend, send, store, and invest money. And TIDAL is a global music and entertainment platform that expands Square's purpose of economic empowerment to artists. Square, Inc. has offices in the United States, Canada, Japan, Australia, Ireland, Spain, Norway, and the UK.

Media Contact:

Nadav Avidan
nadav@linktr.ee

Cision View original content:http://www.prnewswire.com/news-releases/linktree-announces-launch-of-passion-fund-in-partnership-with-square-301299939.html

SOURCE Linktree

FAQ

What is the Passion Fund launched by Linktree and Square?

The Passion Fund is a $250,000 initiative designed to support creators and entrepreneurs in turning their passions into careers.

How much money will be awarded in the Passion Fund?

The Passion Fund has a total of $250,000, with awards distributed as Gold ($20,000), Silver ($4,000), Bronze ($1,000), and a People's Choice award of $20,000.

When was the Passion Fund announced?

The Passion Fund was announced on May 26, 2021.

Who can apply for the Passion Fund?

Creators, business owners, activists, and anyone with a big dream can apply for the Passion Fund.

What benefits do winners of the Passion Fund receive?

Winners will receive exclusive Linktree benefits, including lifetime PRO access and marketing workshops.

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