TACKLING CLIMATE CHANGE IS AN ESSENTIAL COMPONENT OF THE GLOBAL SUSTAINABILITY AGENDA AND OUR SECTOR IS MAKING A SIGNIFICANT CONTRIBUTION.
The FinTech sector also has an essential role to play with innovative, fast-growth companies developing technologies to support the transition. With more capital being deployed into green financial products and new types of data usage, FinTechs are responding to business and consumer demand in multiple areas:
- Sustainable finance
- Impact investing
- Carbon offsetting
- Risk management
- ESG data and reporting
- Energy trading and marketplaces
The collection and analysis of new types of climate-related data is leading to the development of exciting value propositions. FinTechs are already showing how attitudes towards money are changing and incorporating new insights on spending, saving and investing patterns within the advice process.
At PIMFA WealthTech, we believe in the synergies that exist between smaller, more agile FinTechs and the teams innovating in large financial institutions, allowing both parties to discover new insights capable of driving greater, more rewarding innovation.
