Product Update

Is Toucan Giving Still in Business? (2026 Update)

Is Toucan Giving from Dragons’ Den still around in 2026? The deal it made, the dragons who invested, and where to buy Toucan Giving today.

Dragons' Den IndexUpdated 11 June 20266 min read

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Toucan Giving pulled off something rare in Dragons' Den history: an offer from all five Dragons at once. Matt Crate and Melody Truong's charitable giving app has since been through an acquisition and a rebrand, but the underlying service is still helping people donate to causes they care about.

The short answer

Toucan is still operating, now as part of PayaCharity, the UK's largest provider of contactless donation devices, which acquired the app in 2022 and has continued to expand it. The consumer-facing giving app has since grown into a broader family of products under the Toucan Giving name.

So the brand did not disappear after the acquisition. It became the donation platform sitting behind a bigger charity payments company, which for a startup is often a better long-term home than staying independent.

The pitch

Matt Crate and Melody Truong brought Toucan to the Den in series 19, episode 7, pitching an app that let users build a personalised giving portfolio, splitting a monthly donation across the charities they cared about most, chosen from over 33,000 registered charities via a short set of questions.

They asked for £85,000 in exchange for 10 per cent of the company. What happened next in the Den was unusual: all five Dragons made an offer, a joint five-way deal at a 2 per cent stake each, a genuinely rare outcome that reflects just how much interest the pitch generated across the whole panel.

The deal

Rather than taking the five-way offer, the founders negotiated directly with Steven Bartlett, who ended up as the investor who actually closed the deal. Getting every single Dragon to make an offer and then having the room to choose which one to work with is a strong position for any founder to be in.

Steven built Social Chain around consumer-facing digital products with strong engagement mechanics, which lines up well with an app whose entire job is getting people to keep giving month after month rather than making a single one-off donation.

The acquisition and what came after

In late 2022, PayaCharity acquired Toucan to strengthen its own charitable giving offering with a consumer-focused app. Since then, PayaCharity has continued building out the Toucan name rather than retiring it, launching Toucan Collect for contactless fundraising and, more recently, Toucan Cash, bringing the various products together under the wider Toucan Giving brand.

The company states it has helped raise more than £100 million for good causes across its products, and a pricing guide published in January 2026 confirms the service is still actively operating and being sold to charities today.

Where things stand now

Toucan Giving, in its current form, is a multi-product charitable donation platform under PayaCharity's ownership, spanning app-based giving, contactless collection devices, and cash donation tools. The original consumer app that pitched in the Den is still part of that offering.

It is a good example of a Den outcome that looks, on the surface, like the original product got swallowed up, but is actually closer to the product finding a bigger platform to scale on, with the charity-giving mission still intact. For an app whose entire premise depended on people trusting it with recurring donations, being folded into an established payments company is arguably a more stable long-term home than staying independent.

The verdict

Toucan asked for £85,000 for 10 per cent in series 19 and drew offers from all five Dragons, eventually closing a deal with Steven Bartlett. PayaCharity acquired the company in 2022 and has since expanded the Toucan Giving brand into new products, with the platform still active and raising money for charities in 2026.

Common questions

Who invested in Toucan? All five Dragons offered a joint deal at 2 per cent each, but the founders negotiated separately with Steven Bartlett, who ended up closing the investment.

Who owns Toucan now? PayaCharity, the UK's largest provider of contactless donation devices, acquired the app in 2022 and has continued expanding it since.

What products has Toucan launched since the acquisition? Toucan Collect, for contactless fundraising, and Toucan Cash, both brought together under the wider Toucan Giving brand alongside the original app.

How much has Toucan raised for charity? The company states its products have helped raise more than £100 million for good causes to date.

Where to buy Toucan Giving

Still selling as of 11 June 2026. Check today's price and availability.

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See the full Toucan Giving deal breakdown and term sheet →