“Kalgera is a practical tool that helps safeguard the financial lives of vulnerable people.”
— Dr Dexter J A Penn MBBS MSc MRCP, Founder & CEO

Half of UK adults show signs of potential financial vulnerability and lose £1.2 billion to fraud and scams every year. Dr Dexter Penn, a UCL Dementia Researcher, created Kalgera after one of his patients lost the money to fund his place in a care home.

Five million older people are targeted by fraudsters each year; cognitive impairment and social isolation increase the likelihood of a successful fraud attempt making this group particularly vulnerable. At risk individuals and their loved ones experience high stress and this negatively impacts their physical and mental wellbeing at home and work. Over 3 million UK caregivers provide financial management support but struggle to do so effectively.

Kalgera’s award winning personal finance platform uses artificial intelligence and neuroscience to detect vulnerability from financial transactions and provides secure sharing of this information with trusted family and friends so they too can be alerted. Kalgera means “Good Old-Age” in Ancient Greek and has won multiple awards from UCL, NHS England and Tech Nation.


Our Team


Dr Dexter Penn

Founder & CEO

Since qualifying as a Medical Doctor in 2010 Dexter has worked in Elderly Care and Neurology in various hospitals in London and overseas. Dexter was compelled to provide better safeguards for vulnerable people when a patient was financially abused and scammed out of the money meant to fund his place in a care home. Dexter is a Clinical Research Fellow at the UCL Dementia Research Centre and holds a Master of Science (MSc) in Research Methods from UCL, Membership in the Royal College of Physicians of the United Kingdom and is an NHS England Clinical Entrepreneur Fellow.


Ivona Wolff


Ivona is a well-rounded manager with experience in financial services advisory, commercial, product, pricing and partnership development across both large matrix organisations as well as small start-ups. Functional expertise in card payments (issuing and acquiring), retail bank benchmarking and loyalty services. Ivona holds a Masters in Economics from LSE. Ivona has leveraged her expertise and network to position Kalgera as an exciting use case for Open Banking.


Mohammad Sayadi


Moe is an expert in Artificial Intelligence and Machine Learning with a proven track record of building robust and highly scalable systems architecture for financial services providers (i.e. banks). Moe holds a double Master’s degree in Machine Learning and Computer Vision (MMLCV) and Two Undergraduate degrees in Mechanical Engineering in Software Engineering. Moe has previously worked for Microsoft, T-Mobile and with several startups as CTO and Head Developer.


Max Atanassov


Max is a finance professional with two decades of banking experience who helps high growth companies institutionalise, get funded and expand internationally. As the first CEO of a nanotechnology startup that has grown to become a major international company he set up its presence in the US and Asia (Hong Kong and China), as well as assisted a Fintech business with creating regulated financial entities worldwide. Max has helped redefine Kalgera’s business model by embracing network economics and financial innovation, as well as deal with regulatory issues. Max is a Chartered Financial Analyst holds a PhD in Political Science and is FCA approved to perform a variety of roles including CF1 (Director) & CF10 (Compliance).


Karen Thomas

Brand Guardian

Karen is a BBC-trained journalist, global markets analyst and nuclear technology correspondent. As a healthcare professional Karen has worked overseas in international development supporting resource-poor academic institutions and for humanitarian relief agencies. Karen is a strategic thinker who quickly analyses complex situations. Karen holds a PhD in Pharmacology and an MA in journalism.


Stylianos Kampakis

Data Scientist

Stylianos is an expert data scientist and statistician with experience in multiple domains including deep learning, natural language processing, recommender systems, statistical modelling and research design. Stylianos brings with him a wealth of knowledge and experience in health data modelling. Stylianos advsies on Kalgera’s machine learning algorithm development and dataset management strategy. Stylianos holds a PhD in Data Science from UCL.


Helene Panzarino


Helene is an entrepreneur, educator, mentor and advisor with nearly twenty years of experience helping thousands of SMEs understand, prepare for, and access traditional and alternative funding options at all stages in their business growth. A frequent round table participant, media guest, and event speaker, Helene combines hands-on experience with theoretical know-how, and a passion to share this with the wider community.


Michal Bacia


Michal is a practical economist and technologist, who builds solutions that work in the real world. He is also a successful business executive, project director and Subject Matter Expert with hands on experience in Blockchain and AI projects. After receiving his master’s, he worked in project finance, real estate, energy and software development for both startups and international enterprises. Additionally: Managed large, high value projects portfolios and teams of over 150 people; Worked with/for AirLiquide, PSEG, Lufthansa, Miles and More, Bosch, Sweetbridge, AmaZix.