Amount Raised
$6 Million
Round Type
seed
Description
Sustainable Banking service Ando today announces a seed funding round of $6 million, led by TTV Capital and including investments from HOF Capital, Kinetic Ventures and NNS Group. Ando is a fast-growing, consumer- and planet-friendly alternative to traditional banking. So far this year, more than 30,000 Ando customers have helped fund sustainable loans across three-quarters of the United States. Big banks use customers' deposits to fund fossil fuels and other carbon-intensive industries: Over the last 5 years, the world's 60 largest banks have invested more than $3.8 trillion of their customers' money into the fossil fuel industry
FundzWatch™ Score
81
Medium Activity