As the world becomes increasingly aware of the impact of climate change, businesses and consumers alike are looking for ways to reduce their environmental footprint. Ecolytiq, a Berlin-based startup, is at the forefront of this movement, providing a Sustainability-as-a-Service(R) solution to educate consumers on managing their environmental impact through sustainable banking.
Calculating Personal Environmental Impact in Real-Time
Ecolytiq’s software calculates personal environmental impacts, such as CO2 values, on the basis of payment transactions. This real-time data allows customers to see the immediate impact of their purchasing behavior on the environment. This innovative approach empowers customers to take control of their environmental impact and make informed decisions to reduce it.
Providing Valuable Content and CO2 Compensation Offers
Ecolytiq not only provides customers with data on their environmental impact but also offers valuable content and background information on individual environmental impacts. This library of information helps customers to better understand the environmental impact of their purchasing behavior and make more sustainable choices in the long term.
Furthermore, Ecolytiq offers suitable CO2 compensation offers from selected and certified organizations, which are available via their own marketplace. This means that customers can offset their environmental impact by supporting sustainable initiatives and organizations.
Joining the Visa Fintech Partner Connect Program
In November 2020, Ecolytiq joined the Visa Fintech Partner Connect program, enabling banks to seamlessly implement their sustainability strategies using payment data. This partnership demonstrates the potential of Ecolytiq’s solution to revolutionize the way financial service providers engage with their customers on environmental sustainability.
A Passionate and Diverse Team
Ecolytiq was founded by entrepreneurs with more than 40 years of experience in payment, banking, loyalty, and scalable data analytics systems. The company is made up of 50 passionate, hardworking, and diverse employees, committed to making a positive impact on the environment through sustainable banking.
In conclusion, Ecolytiq is leading the way in sustainable banking by providing customers with real-time data on their environmental impact, valuable content, and CO2 compensation offers. The company’s innovative approach empowers customers to take control of their environmental impact and make informed decisions to reduce it. Ecolytiq’s partnership with Visa Fintech Partner Connect program demonstrates the potential of their solution to revolutionize the way financial service providers engage with their customers on environmental sustainability. Ecolytiq is a startup to watch for those who believe in creating a greener future.
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