Currensea will take away 100 bottles on behalf of their clients each time they spend £1 overseas.
Picture supply: James Lynn (left)/Currensea
Presently, 12.7m tonnes of plastic is dumped into the world’s oceans yearly and immediately, on the 51st annual Earth Day, a fintech has launched an initiative to assist alleviate its clients’ contribution to the issue.
Currensea, a direct debit journey card, has joined forces with Plastic Financial institution in order that clients can use their Currensea financial savings to wash up the oceans.
The eco-conscious journey card hyperlinks on to an present checking account, permitting its customers to spend cash of their highstreet checking account with none of the usually extortionate expenses.
For each £1 a Currensea person contributes, 100 plastic bottles can be faraway from the ocean on their behalf.
“We’re all itching to go overseas as soon as the worldwide journey restrictions elevate and it’s protected to take action. However, as our analysis exhibits, this has additionally been a interval for customers to mirror on the influence their existence have on the surroundings, alongside what they’ll do to stay extra sustainably,” James Lynn, co-founder of Currensea, stated.
“Sea is in our identify for a cause. As an organization, we care concerning the planet and are delighted to have the ability to give our clients one other method to offset the influence of their journey, all whereas saving on their journey expenditure.”
Prospects may also be capable of monitor what number of plastic bottles they’ve helped to take away from the ocean within the Currensea app.
In addition to serving to their clients take away plastic from the oceans, Currensea can also be planning to take away two and a half occasions the quantity of plastic they produce yearly from the world’s oceans too.
A latest survey, carried out by Currensea, discovered that Brits ranked their concern concerning the surroundings at a 9 out of ten, with 82 per cent straight associating sustainability with much less use of non-recyclable plastic.
Currensea shouldn’t be the primary fintech to undertake an eco-friendly method to fintech.
Dutch challenger financial institution Bunq was one of many first corporations to supply its clients the possibility to plant timber after they spend, one thing that Currensea additionally presents in partnership with One Tree Planted, efficiently planting 2.8m timber thus far.
Starling Financial institution additionally just lately started providing its clients debit playing cards made out of recycled plastic and can plant a tree on behalf of their clients for each profitable referral.
Different inexperienced fintechs on the scene embrace inexperienced debit card Tred, which helps customers scale back and offset their carbon footprint each time they use their Tred card, and portfolio checker Sugi, which checks how sustainable an individual’s funding portfolio is and even when it’s consistent with the two°C Paris Settlement goal.