To succeed in an increasingly competitive fintech sphere, startups and long-established businesses must demonstrate they are socially conscious and have ethical management practices. Here are the main ways a fintech company may improve its ESG objectives
Cushon’s primary products offer an investment strategy designed to drive down the financed CO2 emissions of customers’ investments. With a £144 million investment, NatWest will become the company’s major stakeholder
KPMG’s Regulatory Barometer showed that financial service firms in the UK and the EU remained under significant pressure to comply with diverging ESG requirements over the last 6 months
SunFi, the Nigerian fintech startup, has raised $2.3 million in seed funding to connect people and businesses who want solar energy access to payment plans that match their needs
Green investment globally reached the levels of funding put into producing fossil fuels for the first time in 2022 – the important milestone was enabled by dramatic growth in carbon capture investments
Focusing on ESG initiatives not only benefits the environment and local communities, but also helps fintechs attract venture capital and gain substantial profits
Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.
The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.
Cumulus Data will open America’s first nuclear-powered Bitcoin mining center in Pennsylvania.
Digital asset manager HashKey Capital will be investing $500 million into advancing blockchain initiatives in emerging markets.
To neutralize its direct carbon emissions, Crypto.com has purchased technological carbon dioxide removal from Climeworks. The cryptocurrency exchange aims to advance the case for sustainability of digital finance.
BNB Chain has burned over $500 million worth of its native BNB tokens during its 22nd scheduled burn, the first quarterly burn of 2023.
According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.
Crypto users should not worry about their carbon footprint, if they turn to these eco-friendly blockchain solutions
El Salvador’s National Bitcoin Office (NBO) has announced the passing of the Digital Assets Issuance bill. Passed by the El Salvador Congress on January 11, with 62 members voting for and 16 against, the bill will become law once signed by President Nayib Bukele.
The new sustainable payment machine from Getnet is the first of its kind on the card-acquiring market. It is made from recycled parts of electrical equipment waste
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