FinTech: Eco-Friendly Debit Card From London-based ekko

November 3, 2021 | ESG and Sustainability, FinTech, News
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The fintech launched the card to time with the COP26 climate conference.

London-based, sustainability focused fintech ekko has launched a debit card, an app, and ecosystem that enable users to make a contribution to save the environment every time they use the products. While using everyday services such as shopping and banking, they can get comfort from the fact that the company will take climate-friendly actions on their behalf. (CROWDFUND INSIDER)

ekko is currently inviting interested customers to register for the ekko debit card on a waiting list.

How it works

When customers make five transactions, it pays off for the collection of one bottle that would otherwise land up in the oceans.

Every fifty transactions can pay for the planting and maintenance of a tree.

Customers can also monitor their own eco-friendly progress in the ekko app, and view an innovative carbonmeter that measures their carbon footprint.

The startup issues its cards in partnership with Mastercard.

COP26

Oli Cook, Co-founder and CEO at ekko, stated:

“As the world’s leaders come together at COP26 to advocate collaborative action, so starts our own journey. We have spent the past 24 months building a powerful collection of financial tools that mobilises people from every walk of life to do good and to live more sustainably effortlessly. We are excited to introduce ekko to the world and for this next stage in our journey.”

Scott Abrahams, SVP of Business Development, Mastercard UK & Ireland remarked:

“We are really delighted to be partnering with ekko, not only to bring much needed greener payment solutions to consumers, but we also welcome them into our growing Priceless Planet Coalition. Commitments around global reforestation will be a critical goal for the COP26 Summit and as a coalition we will contribute 100 million trees by 2025.”

Related Story: Virgin Money Offers Free ESG-Tracking App And Sustainability Loans To UK Businesses

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