A new partnership with Europe’s leading banking platform Tink will allow Sustainability-as-a-Service provider ecolytiq to serve banks, financial institutions and fintechs better. ecolytiq joins forces with Tink as a technology partner to provide its Sustainability-as-a-Service expertise.
The partnership will begin in the DACH region with plans to expand to larger markets in Europe in the future.
ecolytiq’s main product offerings are integrated through an API that enhances existing digital banking apps with fresh, exciting features. The products give banks the innovative opportunity to offer their customers the entire sustainability value chain. Starting with personalised impact footprint calculations (e.g., CO2), the products go further by engaging customers through behavioral nudging towards smart, sustainable spending choices. Easy access to Gold Standard-certified impact offsetting and ESG investing rounds off the customer experience.
“ecolytiq’s solution was created with the ability to quickly scale, because we know that global warming needs exponential climate action enablers. Tink is a strategic partner with a proven track record for enabling banks and fintechs to deliver the data-driven digital solutions their customers want and need. ecolytiq is the next-generation of these products,” said ecolytiq CEO and co-founder Ulrich Pietsch.
Cyrosch Kalateh, Regional Director for the DACH region at Tink added: “The combination of Tink’s transactions product and ecolytiq’s sustainability expertise, creates a valuable proposition for financial institutions and fintechs across the DACH region, to offer services that better measure and help reduce carbon footprint. We look forward to extending this partnership in the future, helping ecolytiq to expand at speed across Europe on our open banking platform.”