UK-based digital lender Tandem is collaborating with green fintech Cogo to enable customers to monitor and manage the carbon footprint associated with their spending.
Cogo’s integration into the Tandem marketplace is set to take effect immediately, with future plans for incorporating its carbon footprint tracking technology directly into the Tandem app next year. Recent research conducted by Cogo reveals that more than 80% of mobile banking users in the UK are eager to understand the environmental impact of their purchasing choices.
Georgina Whalley, Tandem’s Chief Impact and Marketing Officer, expressed enthusiasm about Cogo’s inclusion in the marketplace, stating, “The addition of Cogo is an exciting development that will empower customers to gain clearer insights into their carbon footprint.”
Whalley, who joined Tandem earlier this year in a newly established role, is focused on enhancing the digital bank’s commitment to sustainability. In 2020, Tandem expanded its reach by acquiring Allium Lending Group, a prominent provider of green loans dedicated to financing energy-efficient home improvement initiatives.