Never one to shy away from a challenge, Ben Milne is an insanely curious person who loves to solve problems. In episode three, John T. Meyer calls Ben Milne to discuss the origin of his fintech startup, Dwolla, how he decided to reinvent the business, and when he knew it was time to replace himself as CEO of his own company. Ben is a person who cares deeply and that is very clear when you listen to this episode.
Breaking the Bank: How Dwolla Is Enabling Businesses to Program Payments with Ben Milne
When your toaster and your TV are programmable, doesn't it make sense that your payments should be programmable, too? Card payments often settle on ACH, but accessing the ACH Network for electronic payments is tough. It can take years to figure out accounting, corrections, automating returns, identity verification, and reconciliation. What if those technical gaps were fixed? What if there were a simpler system? Would businesses use it? The gaps have been fixed, a simplified solution has been created, and businesses are using it. That solution is called Dwolla, and we had a conversation with the company's founder, Ben Milne, on this episode of the Payments Innovation podcast. To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here. Until next time!
Ben Milne grew up in a small town, and has had a pretty normal life. Raising a family, riding a stationary bike and funding startups through selling music gear, he has been in the tech world for a good while. His second startup started as a consumer product that you downloaded to move money between banks… without using credit cards or paying hefty fees. What he discovered was the thing they were best at was payment processing infrastructure… So he changed his business to focus on being a high performing, white label solution for enabling others to process ACH payments – and started phase two of his company, known as Dwolla. Today’s sponsors:Dwolla (https://dwolla.com/codestory)Hackbright Academy (https://hackbrightacademy.com/learn-programs-cs)Linkshttps://benmilne.com/https://twitter.com/bpmilnehttps://dwolla.comhttps://www.dwolla.com/resources/types/podcasts/Leave us a review on Apple Podcasts! Amazing tools we use: If you want the best publishing platform for your podcast, with amazing support & people – use Transistor.fm.Want to record your remote interviews with class? Then, you need to use Squadcast.Code Story uses the 1-click product ClipGain, sign up now to get 3hrs of podcast processing time FREE!Credits: Code Story is hosted and produced by Noah Labhart, Co-produced and edited by George Mocharko. Be sure to subscribe on Apple Podcasts, Spotify, Pocket Casts, Google Play, Breaker, YouTube, or the podcasting app of your choice.Support this podcast at — https://redcircle.com/code-story/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
A Beautiful Light | Ben Milne | Ambassadors of Hope
"The closer it got the more I realized there was absolutely no noise, it was completely silent. And there never was a plane. All it was was a beautiful light."In this episode, Ben shares how his first CE5 experience unfolded. He tells the story of how a little light-hearted experimenting with the CE5 protocols yielded a spectacular result.Ben also walks us through the key practice of CTS or Coherent Thought Sequencing. This is the method that CE5 ambassadors use to vector ET craft in to a specific location.Our Links:Download your free CE5 Basics PDF guide: https://ce5podcast.comWatch this show on YouTube: https://smarturl.it/ce5podcastvidSupport this show: https://patreon.com/ce5podcastFollow us on social @ce5podcastLearn about the work of Dr. Steven Greer:Watch the Close Encounters of the Fifth Kind film: https://geni.us/CE5KLearn more about the CE5 Initiative: https://siriusdisclosure.com/expeditionsSupport this podcast at — https://redcircle.com/ce5-podcast3645/donations
Ep.12. Ben Milne raised $30M and then pivoted his business.
Our guest this episode is Ben Milne, the founder and CEO of the startup Dwolla. Ben Milne grew up in Cedar Falls, Iowa and has been running his own business his entire working career. While running his first business, he noticed how much money he was paying out in credit card fees, so he started a new company to fix that problem. That idea for improving the way money flows would become Dwolla. twitter.com/drivecapital drivecapital.com
Founder and CEO Ben Milne launched Dwolla in 2010. Its customer-facing technology meant it soon got a high public profile as it worked from its Downtown Des Moines (DSM) location moving millions of dollars a day.
Ben Milne is the founder and CEO of Dwolla, a payments startup building the ideal way to move money, as quickly and safely as possible. Under Ben, the Des Moines-based company has raised over $32 million from investors, like Andreessen Horowitz and Union Square Ventures, and has been recognized by Fast Company as one of the world’s “50 Most Innovative Companies of 2014”. Ben has been named as one of Forbes’ “Disrupters of the Year” and has appeared on Inc. Magazine’s in its annual 30 under 30 collection, Bloomberg TV, and The TODAY Show. In 2013, he was recognized for his work by MIT Technology Review’s in its annual “Innovators Under 35” list. Listen to episode here. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]