What is the FDIC? The FDIC, or Federal Deposit Insurance Corporation, is an independent agency Congress created in 1933. The goal of the FDIC Is to maintain stability and public confidence in the nation’s financial system. The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex ...
Since 2021, the number of smaller donors contributing to nonprofits has declined, sparking a new interest in using technology to make it easier to give to a charity. Economic upheaval, inflation and the ongoing decline in the use of checks and cash, which have traditionally formed the backbone of individual contributions to nonprofits, have taken ...
St. Paul, Minn. | January 24, 2023 – Drake Bank has been approved as a lender in the Minnesota Loan Guarantee Program by the Minnesota Department of Employment and Economic Development (DEED). The Minnesota Loan Guarantee Program (MNLGP) provides guarantees to enrolled lenders for up to 80% of principal on loans to eligible businesses. It ...
According to Fidelity Charitable, the number one reason why more than 70% of donors don’t give more (or at all) is due to financial constraints. The second biggest reason is that they don’t believe their gift will be large enough to make a difference. At B Generous, we remove these constraints to allow donors to give ...
Millennials are coming into their own income-wise. They have a charitable and philanthropic mindset, and yet, many nonprofits say millennials aren’t showing up treasure-wise in the same way as previous generations. According to Nonprofit Pro, “Millennials represent 33 million annual donors, have a $481 annual gift, and contribute to three charities annually.” Still, that’s around 34% ...
B Generous, a fintech-for-good company offering a first-of-its-kind Donate Now, Pay Later (DNPL) product, announced it is currently partnered with 80+ national and regional nonprofit organizations and has received more than $250,000 in donation loan requests in its first 90 days since launch, and approved $1 Million of interest free credit for donors. Read More ...
The startup's Donate Now, Pay Later™ tool increases average donations by a whopping 270% LOS ANGELES, Jan. 9, 2023 /PRNewswire/ -- B Generous, a fintech-for-good company offering a first-of-its-kind Donate Now, Pay Later™ (DNPL) product, today announced it is currently partnered with 80+ national and regional nonprofit organizations and has received more than $250,000 in donation loan requests in its first 90 ...
LifeBlood: We talked about fundraising for nonprofits, implementing a donate now pay later model, the impact this method has on donation amounts, and how to get started, with Dominic Kalms, Founder and CEO of B Generous. Listen to learn how to help your favorite nonprofit easily raise more money! Read More
Meet Dominic. He’s an entrepreneur, founder, philanthropist and a big believer in our collective ability to achieve more together through technology. Today, Dominic is CEO of B Generous, which is changing how people donate to nonprofits through the first-ever philanthropic credit product. We chat about practices and mindsets that will set your nonprofit up for ...
While the City of Angels may be known for its galaxy of socialite stars, the Los Angeles tech scene has a shimmering reputation of its own. The market is a hot spot for solutions geared toward an eco-friendly and internet-savvy world. Check out some of the young companies getting a head start at building out ...