"€1,323,494 ($1.4 million) raised by 76,845 in 5 days," a post on the Greek Bailout Fund's website reads.
Thom Feeney, a 29-year-old British shoe shop worker launched the website hosted by the Indiegogo funding platform on Sunday, with the stated aim of collecting 3 euro from every one of the 503-million residents of the European Union.
Contributors to the campaign from the United Kingdom, Germany and France have so far been the most generous.
Despite the impressive amount raised so far, less than 1 percent of the target has been reached. The fund's goal is to raise 1.6 billion euro ($1.8 billion), which is the amount Athens was due to repay one of its major creditors, the International Monetary Fund (IMF), on Tuesday. It failed to do so, making it the first such default by a developed country in recent history.
The latest round of talks between foreign creditors and Greece, attempting to unlock the next financial package in exchange for austerity and painful reforms, broke down last Saturday.
Greek Prime Minister Alexis Tsipras announced a nationwide referendum for Sunday on whether or not the country should accept its creditors' demands for spending cuts and tax increases, in which he urged voters to reject the proposals.
