"ASPIRATION", which helps daily payments for the environment, Iron Man Robert Downey Jr.

Pickup: An IRON Man Goes Green: Robert Downey Jr.Launches Esg-Focusted Venture Capital Funds

News Summery: FinTech Startup "ASPIRATION" has announced that it has earned $ 50 million.FootPrint Coalition Ventures is participating as a lead investor.

Popular point: Footprint, who participated as an investor this time, is Robert Downey Jr, a famous actor in Iron Man..A fund that focused on the ESG (EnvironMental, Social and Corporate Governance) invested by him.The project for ASPIRATION is the first project.ASPIRATION is a Fintech startup that challenges the concept of "Green Financial Services" that connects financial and environmental issues.

When you open an account, a credit card is issued and you can use it for general payments.There are iOS and Android apps, and you can receive the same services as general mobile banks, such as expenditure management.Of course, this is the most common Surhiith, but the characteristic is that it is trying to connect finance to the environment.

For example, if you pay at a store that has a partnership with ASPIRATION in cooperation with environmental conservation, 10%cashback is made.In addition, it provides services that can invest in funds specializing in ESG from a small amount of less than $ 10, like other mobile banks.

The service is free and a monthly fee of $ 15 per month for ESG -related benefits.One of the paid functions is "Planet Protection", and if you make a gasoline purchase with an ASPIRATION card, ASPIRATION will do a forest conservation project that offset the carbon dioxide emissions.It is important to commit ESG activities, which tend to be a little far away, from a familiar place.

Until now, credit cards have been assigned to specific offers and usage limits based on personal credit (credit score).However, ASPIRATION is trying to create a new concept called "Impact Score" and create an economic sphere that is evaluated by how much you commit to environmental conservation.According to the company, it has achieved more than 3 million trees.

Mobile banks are being born in all forms, but the approach like ASPIRATION is also interesting.