Aspiration, named in FinTech Alliance’s Building Trust in ESG report, is set to go public.
In Brief:
Aspiration is a US neobank which helps customers meet their ESG goals.
It plans to merge with InterPrivate III Financial Partners Inc.
It offers banking services to help customers keep their deposits away from fossil fuels, plant trees and more.
What does this mean?
Back in 2013, Andrei Cherny, a former speechwriter for President Bill Clinton had an idea for a new type of sustainable business-focused FinTech. Fast forward eight years and that company, suitably called Aspiration, is one of the leading players in the growing FinTech ESG sector.
Aspiration offers socially conscious and sustainable cash management services (including checking and savings accounts) and investment products to help its customers “make money while making the world a better place.”
