Doconomy: Leading the Charge in Climate Action Banking
May 31, 2024, 3:42 pm
Doconomy, a Swedish fintech company, has secured a hefty €34 million in Series B funding to drive climate action in banking. Founded in 2018, Doconomy is on a mission to bridge the gap between words and actions when it comes to sustainability.
Doconomy's innovative tools empower banks worldwide to encourage climate-friendly choices among their clients while promoting financial well-being. With over 100 clients in 35 markets, Doconomy has partnered with prestigious organizations like the UNFCCC, Mastercard, S&P Trucost, and WWF.
Research shows that consumers are increasingly seeking sustainable options, yet many feel that banks are not actively participating in the sustainability conversation. Doconomy aims to change that narrative by empowering users to make environmentally conscious financial decisions.
The recent Series B funding round, co-led by UBS Next and CommerzVentures, with new investor S&P Global on board, will fuel Doconomy's expansion in North America and enhance its product suite. This injection of capital will enable Doconomy to further engage and inspire individuals to take action against climate change.
Doconomy's impact solutions, including tools like Impact Transactions, Impact Finance, Impact Activity, and Impact Education, are designed to help individuals and corporations take responsibility for their environmental footprint. By measuring the carbon impact of financial transactions and providing resources for sustainable living, Doconomy is leading the charge in climate action banking.
With a focus on aligning planet, purpose, and profit, Doconomy is paving the way for banks to become global changemakers. Through their unique approach, Doconomy is not only empowering users to make a positive impact on the planet but also helping banks better understand and engage their customers for a sustainable future.
In a world where sustainability is no longer a choice but a necessity, Doconomy is at the forefront of driving meaningful change. By making every transaction count and empowering individuals to play their part in tackling the climate crisis, Doconomy is setting a new standard for climate action in banking.
Doconomy's innovative tools empower banks worldwide to encourage climate-friendly choices among their clients while promoting financial well-being. With over 100 clients in 35 markets, Doconomy has partnered with prestigious organizations like the UNFCCC, Mastercard, S&P Trucost, and WWF.
Research shows that consumers are increasingly seeking sustainable options, yet many feel that banks are not actively participating in the sustainability conversation. Doconomy aims to change that narrative by empowering users to make environmentally conscious financial decisions.
The recent Series B funding round, co-led by UBS Next and CommerzVentures, with new investor S&P Global on board, will fuel Doconomy's expansion in North America and enhance its product suite. This injection of capital will enable Doconomy to further engage and inspire individuals to take action against climate change.
Doconomy's impact solutions, including tools like Impact Transactions, Impact Finance, Impact Activity, and Impact Education, are designed to help individuals and corporations take responsibility for their environmental footprint. By measuring the carbon impact of financial transactions and providing resources for sustainable living, Doconomy is leading the charge in climate action banking.
With a focus on aligning planet, purpose, and profit, Doconomy is paving the way for banks to become global changemakers. Through their unique approach, Doconomy is not only empowering users to make a positive impact on the planet but also helping banks better understand and engage their customers for a sustainable future.
In a world where sustainability is no longer a choice but a necessity, Doconomy is at the forefront of driving meaningful change. By making every transaction count and empowering individuals to play their part in tackling the climate crisis, Doconomy is setting a new standard for climate action in banking.