Money20/20 USA: How ecolytiq is Solving Climate Complexities
Money20/20 USA 2023 saw the leading lights of financial services come together in Las Vegas to connect and create the future of money.
FinTech Magazine caught up with David Lais, Co-founder and Managing Director at ecolytiq, to discuss the company's 2024 expansion plans.
Solving climate complexities
Lais began by explaining the premise of ecolytiq and how the platform works in practice.
"As we all know a little bit, we care about the environment but often we learn sustainability is quite complex," he said.
"We sit on top of the banking infrastructure and analyse your spending behaviour. And then, we try to figure out what your individual influence is in terms of CO2, water and other elements, and guide you through it – ultimately with the aim of giving you all the information you need in order to be part of the solution."
ecolytiq ready to scale
Looking ahead to 2024, Lais was steadfast in his belief that ecolytiq can continue to grow.
"The beauty is we have product-market fit," he added. "It provides value for the consumer, it provides value for the banks, and we see the massive impact that we're generating, so it's all good for our society and the planet.
"We just want to scale. We know it works, it's out there, it has a set value and now it's time for us to scale and get more clients on board to do our part of solving the [climate] crisis."
To hear more from David Lais, simply click play on the YouTube video at the top of this story.
Want to see more from Money20/20 USA 2023? Stay tuned to our website for more content, which will be rolled out in the coming days.
******
Check out the latest edition of FinTech Magazine and sign up to our global conference series – FinTech LIVE 2024.
******
FinTech Magazine is a BizClik brand.
- Standard Chartered Discusses Payments Vision at Money20/20Financial Services (FinServ)
- N26 Breaks Even After BaFin Cap Removal, Posts Q3 ProfitBanking
- Tandem Bank Pledges Total Carbon Emission OffsetSustainability
- Temenos and NVIDIA Launch On-Premises AI Banking PlatformFinancial Services (FinServ)