Ando Raises $6 Million Seed Round
10/21/21, 9:02 AM
Location
san diegoMoney raised
$6 million
Round Type
seed
Sustainable Banking service Ando today announces a seed funding round of $6 million, led by TTV Capital and including investments from HOF Capital, Kinetic Ventures and NNS Group. Ando is a fast-growing, consumer- and planet-friendly alternative to traditional banking. So far this year, more than 30,000 Ando customers have helped fund sustainable loans across three-quarters of the United States. Big banks use customers' deposits to fund fossil fuels and other carbon-intensive industries: Over the last 5 years, the world's 60 largest banks have invested more than $3.8 trillion of their customers' money into the fossil fuel industry
Company Info
Company
Ando
Location
san diego, california, united states
Additional Info
Ando is the leader in Sustainable Banking, disrupting the traditional banking industry by investing customer money exclusively in green initiatives like renewable energy and responsible agriculture, potentially giving users 27 times the impact of other environmental actions. Additionally, Ando is 100 percent transparent as to where those investments are made. These are just two of the many reasons Ando has been named a Certified B Corp, a recognition of their commitment to building a sustainable, inclusive economy that works for everyone. Ando users pay no monthly fees while enjoying the possibility of early paydays and easy transfers from old accounts. To learn more visit www.andomoney.com.
SOURCE Ando