The Most Trusted Crypto Donation Platform

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Achieves SOC 2 Type 2 certification, highlighting industry-leading information security practices and compliance standards

SAN DIEGO, Jan. 20, 2023 /PRNewswire/ — Engiven, Inc., a leading cryptocurrency donation technology company, today announced that it has achieved SOC 2 Type 2 compliance under the standards of the American Institute of Certified Public Accountants (AICPA) for SOC for Service Organizations, also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation that Engiven, Inc. .provides enterprise-grade security for secure customer data in the Engiven, Inc. system.

Engiven, Inc. provides SaaS-based technologies that enable nonprofit organizations to securely accept and liquidate cryptocurrency donations while eliminating complexity and risk. Engiven’s crypto donation platform is sleek, featuring a highly automated end-to-end solution where the donation is verified on the blockchain, exchanged for USD, and a gift receipt is immediately sent to the donor.

Engiven was founded on the principle that complex donation solutions should be highly secure, transparent and simple.

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“Engiven was founded on the principle that complex donation solutions should be highly secure, transparent and simple,” said James Lawrence, Co-founder and CEO of Engiven. “Financial trust has now become paramount in the crypto services industry and Engiven continues to place trust at the center of our business. By meeting or exceeding industry standards for security protocols, we aim to inspire the trust that unleashes the bounty of crypto for nonprofits changing the world for good.”

SOC 2 Type 1 is a certification that examines a company’s controls at a specific time and provides an opinion on whether the controls have been designed effectively to meet compliance standards. Engiven first received SOC 2 Type 1 status in June 2022, becoming the first crypto donation platform to do so.

SOC 2 Type 2, on the other hand, is a certification that examines the effectiveness of a company’s controls over a period of time and includes testing to ensure they are working as intended.

An unqualified opinion on a SOC 2 Type 2 audit report demonstrates to current and future Engiven, Inc. customers that Engiven handles customer and confidential data with the highest security and compliance standards.

About Engiven

Founded in 2018, Engiven is a leading provider of cryptocurrency donation services to nonprofits and faith-based organizations. The Engiven platform provides a highly automated encryption solution that includes blockchain monitoring, automatic exchanges, gift receipts, bank deposits, IRS tax form creation, custody options, and a full suite of Development API. Engiven, Inc. has achieved SOC 2 Type 2 compliance in accordance with the American Institute of Certified Public Accountants (AICPA) standards for SOC for service organizations, also known as SSAE 18. For more information on Engiven, visit https://engiven.com. Follow us on Twitter (@engiveninc) and LinkedIn (Engiven, Inc).

SOURCE Engiven, Inc.

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