Tuesday, December 24, 2024


Conscious Consumerism is a thing, who knew?

By DAC000 , in Fintech , at May 23, 2020 Tags: , ,

and they managed to raise in excess of $100M (the headline claims $135M but the body reads $153M, who knows?) for a firm where customers could choose their own fees. Yes, how about zero, thank you very much? The startup also guarantees investments in sustainable companies and a portfolio that would not include fossil fuel companies or other businesses deemed to be less-than-friendly to Mother Nature. Dunno. About a three minute, very interesting read.

Comment: if you ever thought there wasn’t a bubble in Fintech, surely this will change your mind. Too much money chasing too few opps. So opps like this attract capital. Not good.

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