Description
Bankuet is a platform through which people can make donations to food banks – charitable organizations that donate food to those in need in the United Kingdom. Bankuet converts donations into the items requested by food banks, ensuring the recipients receive the supplies they need most, contributing to reduced waste and efficient distribution to those in need. Bankuet pools together donations, allowing it to benefit from the discounts applied to bulk purchases, i.e. for every GBP 1 donated, Bankuet delivers more than GBP 1 worth of supplies directly to food banks. Goods are ordered upon receiving a request from a food bank, eliminating waste and ensuring the recipients receive what they need most.
Technology
Bankuet is a cloud-based app that can be accessed via a browser, and features a map showing users the nearest food bank. Users can also sign up to receive an email newsletter.
Target
Bankuet primarily serves charities and food banks across the United Kingdom as a platform for the efficient sourcing and distribution of food supplies bought with donations. Charities can contact Bankuet to access a wide range of donated and surplus food items, helping them support individuals and families facing food insecurity. Donors and partners contribute to a community-driven approach to tackling hunger.
Business model
People can choose to make a general donation or can select a specific food bank to support. One-off donations of GBP 10–100 can be made, and monthly subscriptions are also possible. Food banks can access Bankuet’s services free of charge, although Bankuet takes 7.5 percent of all donations raised to cover its operating costs.
Impact
Bankuet supports over 100 food banks in 51 cities across the United Kingdom, and fed roughly 20 000 people in 2020.
Four Betters
Better nutrition
Better environment
Better life
