Remember going to shops and popping your change into a charity collection box next to the till? The problem for charities is this has become a memory, not a habit, as we move to a cashless society.
And it means an £80m shortfall in fundraising every year for charities which used to collect spare change.
But Sean Donnelly's business Ripples, a social enterprise, wants to fix this and help small acts of generosity ripple outward to make a huge impact. Ripples uses Open Banking and its own clever, flexible and secure design to make a positive difference. It seeks to enable small penny donations and ultimately raise millions for charities, schools and important causes around the world.
Sean had to "kiss a lot of frogs" on the journey to secure seed funding for Ripples (which launched as Roundups and has just refreshed its branding). So he's got lots to say which will help other entrepreneurs prepare for seed investment rounds and finding angel investors.
We also cover effective altruism, seeking to maximise the impact of money donated or invested into doing good, plus the value of networks and ecosystems for startups in tech, finding a co-founder and the lessons Sean learned from earlier businesses he launched.
Timings: