PayPal Sets New World Record: Most Money Raised Online for Charity in 24 Hours

PayPal has announced that it has been awarded the Guinness World Record for the most money raised online for charity in 24 hours, following a successful campaign in December for #GivingTuesday. It raised $45.8 million for various charities, beating the previous record of $19 million.

This accolade comes alongside news that during the holiday season, more than $857 million globally was raised through PayPal for charities.

On Dec. 1, PayPal teamed up with the 92nd Street Y cultural center to see if it could topple the aforementioned world record. In previous years, the company raised $8.6 million in the same timeframe, but obviously trumped that many times over this year.