Paynetics acquires Novus neobank to amplify ESG mission
In brief:
- This landmark deal underscores Paynetics’ commitment to advancing environmental, social, and governance goals while revolutionising the financial landscape with its powerful embedded finance suite.
- Through its innovative approach, Novus has upgraded traditional banking by empowering conscious consumers to make a difference while seamlessly integrating financial services with event-driven positive impact initiatives.
- Through the Novus app, users can further track the carbon footprint their purchases generate and easily offset them via certified Carbon Removal Projects.
What does this mean?
Ivo Gueorguiev, co-founder of Paynetics, remarked, “We believe in the power of people to transform the world. Paynetics’ acquisition of Novus aligns perfectly with our mission to accelerate businesses through innovation and speed. Together, we’ll create a future where a single platform empowers clients to grow while making a positive impact.”