202109 Apr
UK fintech Tred: A green alternative to Monzo raises more than half a million on CrowdCube
Type
Funding Rounds
Funding
202109 Apr
$855.17KOthers
Source
Uktech
Summary

Tred is seeking this investment to grow their green banking solutions, which allows their customers to track, trace and reduce the carbon footprint. It provides green debits cards made of recycled plastic and an app that calculates the carbon cost based on customer’s spending. Simply buy things as you normally would, but instead of funding fossil fuels, we’ll plant trees as you spend and tell you the impact of every purchase. Living sustainably can be difficult, we want to make it effortless.” Cofounder Peter Kirby said, “Tred’s mission is to become THE green fintech, providing a platform that lets people effortlessly manage their money, and its impact, all in one place. We want to bring together currently fragmented ‘green money’ options to make it easier for people to harness the amazing power their money has to help tackle the climate emergency.” “The Tred debit card and app provide the perfect starting point—making it easier than ever before for people to track, reduce and offset their own personal impact on the environment.

Classifications
  • Fintech & Banking