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Doconomy and Salt Edge: Merging impact tech and open banking for a sustainable future
Doconomy, a Swedish world-leading impact tech provider for banks, SMEs, and corporates, joined forces with Salt Edge, a leader in offering open banking solutions, to use data aggregation and transaction categorisation services to speed up introduction of climate functionality to the European market.
STOCKHOLM, January 26, 2022 — As concerns about climate change have grown over the past years, the importance of the emerging fintechs that offer various convenient ways for consumers to reduce their carbon footprint, has increased too. Being the trailblazer in this movement, Doconomy aims to inspire shifts in behavior and mitigate the impact of everyday transactions, leading the fight against unsustainable consumption and environmental destruction.
Doconomy provides digital tools which allow customers to become environmentally-conscious by assessing, per transaction, the CO₂ emission and H₂O consumption impact based on the world-leading Åland Index. Collaboration with Salt Edge allows Doconomy to facilitate the introduction of applied impact solutions for banks and corporates in Europe. By leveraging Salt Edge’s account information and transaction categorisation tools, Doconomy can introduce climate impact calculations functionality within a short time to market, without major investment in legacy systems.
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“Doconomy is committed to driving innovation for a sustainable future. The new era of shared responsibility between consumers and financial services invites everyone to join. Partnering with like-minded companies, we aim to accelerate the transition to greener financial services. Salt Edge services help us speed up the introduction of applied impact solutions for banks and corporates in Europe. We believe that such collaborations can have a positive impact in shaping a more resilient tomorrow and guide consumers towards more sustainable choices in their everyday consumption.”
Mathias Wikström, CEO and Co-Founder of Doconomy
“Salt Edge is excited to partner with Doconomy – a world-leading provider of applied impact solutions which empower consumers to take convenient but tangible steps toward carbon neutrality. When it comes to the climate emergency, open banking becomes an important gear wheel in the mechanism that helps to accelerate positive climate efforts and enables consumers to calculate and offset their impact of everyday transactions. Doconomy’s Åland Index-powered Carbon Calculator together with Salt Edge’s open banking services bridge the gap between awareness and action when it comes to boosting positive climate efforts and responsible consumption”
Dmitrii Barbasura CEO at Salt Edge
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