Neobanking Non-Profits: Dominic Kalms' Journey in Philanthropic Innovation | Ep14

This podcast features an interview with Dominic Kalms, a serial FinTech entrepreneur focused on PhilTech (philanthropy technology). Kalms discusses his journey, which included living in various countries and working in different sectors, leading to his interest in addressing financial inefficiencies in the US philanthropic market. He talks about his current company, which concentrates on credit services in this sector. The conversation also delves into his varied educational and professional background, his early influences, and his foray into philanthropy and technology. Kalms shares insights about the philanthropic sector, highlighting its size and the lack of service in certain areas. He compares it to the e-commerce sector to illustrate the disparity in technological development. His first company, Giving (GVNG), is a fintech venture that facilitates digital fundraising and nonprofit management. He later founded B Generous, inspired by the concept of "donate now, pay later," offering financial services to nonprofits, including a new product called Accelerate for direct lending. Kalms also discusses his personal interests and experiences, including his exposure to different cultures and the influence of his upbringing on his entrepreneurial journey. The podcast covers topics like the importance of being present (inspired by Jon Kabat-Zinn's quote "wherever you go, there you are"), the strategic use of emotions in negotiations, and his practice of Transcendental Meditation. The conversation is wide-ranging, touching on personal development, the intricacies of running a startup, and future aspirations for his business ventures.