Peek into the startup world with Code Story, a podcast featuring in-depth interviews with founders, CTOs and decision makers in the tech industry as they discuss the products they’ve created and the roads they’ve traveled.
This episode of the Code Story podcast is a conversation with Aalok Shah, Chief Technology Officer for EnergyFunders, an investment platform for oil and gas projects and emerging technologies. Shah describes the intricacies of merging technology and automation to support innovation in a traditionally manual industry.
Being 20% More Efficient with Payments
Making investing in oil and gas projects accessible to the masses meant providing a delightful user experience. Instead of relying on paper checks to move money, EnergyFunders partnered with Dwolla to make sending and receiving funds a digital experience.
Since switching from checks, EnergyFunders has a 20% cost savings on its payment costs along with a 50% reduction in manual payment processes.
This case study explains their search for a payments partner and working with Dwolla’s ACH payment API.