Home > Projects > ECO2WALLET

Eco2wallet

Basic data

Field

European

Date

01/01/2022 - 31/12/2022

Industry

Bank
Carbon footprint

Budget

Total Budget: 754,725

Funded by

EIT Digital 2022

Website

Video

PROJECT INFORMATION

DESCRIPTION

Eco2wallet is the first green virtual wallet with a digital ID, debit and credit cards aggregated into a single card, with a carbon footprint calculator that plants trees in the Amazon, an individual carbon trading scheme and the eco2 cryptocurrency.

Impact

Our aim is to increase sustainable banking (access to banking systems that promote sustainable actions) through eco2wallet, promoting the growth of the financial system in a carbon neutral way in the UK and the EU. By 2026, we project revenues of EU 6.1M, assuming control of 3% of the current digital payments market, which is equivalent to EU 3.9Bn, and address individual emissions, which, at current value on the European carbon exchange, is worth EU 91.7Bn. Our goal is to employ 70% women.