Eco-focused neobank Green-Got lands €5m

Green-Got

Green-Got, a France-based neobank that is focused on ecological transition, has scored €5m in a recent funding round.  

The round secured €1.9m from its community and another €3m in notable private equity funding.

According to FinSME, Green-Got offers an online payment and savings account to pay anywhere in the world with a card made of natural wood or recycled plastic.

Green-Got offers customers alternative and ecological bank accounts which, with each payment, contribute free of charge to the financing of the de-pollution of the oceans, the afforestation or the development of renewable energy with already more than 12 000 tons of CO2e stored or avoided.

In addition, Green-Got has engineered its own carbon calculator for users to measure and control the CO2e emissions linked to their spending.

Green-Got intends to use the newly raised capital and prepare for its expansion across the European market.

CarbonChain, an AI-backed carbon accounting platform, has recently landed $10m in a Series A funding round co-led by Voyager Ventures and Union Square Ventures.

CarbonChain provides companies and financial institutions with accurate accounting of Scope 3 and supply chain emissions. In this area, the WEF estimates Scope 3 emissions make up as much as 90% of a company’s carbon footprint.

The firm incorporates data from the point of resource extraction, from raw materials, all the way through to the point of consumption to create emissions insight across the entire supply chain.

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