Fintech but make it eco-friendly.
Green finance has long been becoming more and more popular as the race to save our planet is increasingly important.
For years now we’ve heard about how we all need to do our bit to slow the rapid pace of global warming and it seems like the message has taken a hold of the fintech world.
There’s a growing trend among firms in the sector to operate in a more eco-conscious manner, from planting trees to offering fossil-fuel-free investment options, the fintech world seems to do it all.
To help you navigate the tricky world of green finance, we have compiled a list of fintechs doing their bit to help the environment, from stalwarts of the fintech world to fresh, new fintech firms hoping to make a dent.
So, here is a (non-exhaustive) list of fintechs leading the way to green finance.
Bunq
Dutch challenger bank Bunq has long been at the front of the pack when it comes to green finance.
The digital bank is responsible for having planted 2.8m trees on behalf of its customers through its partnership with the Eden Reforestation Project.
As part of its green crusade, Bunq has a series of eco-friendly subscription plans that its users can sign up for.
Most recently it added new features to its Easy Green plan, which helps users become CO2 free in two years. As part of the subscription, users can also select their ‘Bestie’ in the latest update and plant a tree for every €100 spent on their Bunq cards, also helping them to be carbon neutral in two years.
Moneybox
Savings and investment app Moneybox is another fintech helping its customers to go green.
The fintech gives its customers the option to create a more environmentally-friendly portfolio.
This time last year, Moneybox finally launched its pension after over a year of teasing its launch and rolled out a Socially Responsible pension that created a fossil-fuel-free portfolio for its eco-conscious users.
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