Novus Launches in the UK Following Successful $3 Million Crowdfund
Novus, a pioneering societal impact app, has commenced customer onboarding in the UK after successfully completing a $3 million crowdfunding campaign.
With Novus, users contribute to real-time ‘impact’ points with every transaction made using their card. These points are allocated to various social and environmental initiatives, including funding meals and ocean cleanup projects. Users can track their contributions and monitor their carbon footprint as it correlates with their card usage.
The company leverages technology from Railsbank to power its core infrastructure and has incorporated 150 sustainable brands into its in-app marketplace. Novus is now available for download on both the App Store and Google Play.
This most recent crowdfunding effort follows a pre-seed investment secured last spring, bringing the total funds raised by the startup to $5 million.