The music streaming platform is looking to aid artists with offsetting the financial burdens caused by the ongoing health crisis, and the new initiative will allow fans to offer direct support.
In a blog post, the company said: "Over the past few weeks, we've been providing resources for artists to keep the music going, but with the financial repercussions of cancelled shows and listeners asking how they can support the artists they love - we knew there was more we could do.
"So we've created a simple button for your profile where fans can instantly and directly show their support.
"All you have to do is choose where you want to send followers, give them a little context on what they're supporting, and then let the world know by sharing on your socials."
To use the new feature, artists should click edit at the top of the profile page on web, add a support link, pick a platform - including Kickstarter, Paypal and Bandcamp - and hit "save changes" to generate the button.
SoundCloud added: "We've built this feature to help creators impacted by the COVID-19 virus and will keep it active as long as we're all in this so you can fund your projects, offset bills, or get whatever you need to stay on your feet."