London, UK, September 5th, 2023: Alexander Lempka, the company’s co-founder and CEO, will be presenting on the mainstage the capabilities of their product, Connect Report, at the FinTech focused convention to be held in New York on the 11th-12th of September 2023.
Connect Report is an API based solution that enables financial institutions, and FinTechs, to measure both their own and their SME customers’ carbon footprint. The move to the US market comes after closing a successful seed round in March 2023, reaching $5.6 million. Having established a firm foothold in the UK, the company now looks to spread its tools for decarbonisation across the Atlantic and has made its presence permanent in the states with their first US hire.
“The process of expanding our operations over to the US and making our first hire there has been a natural one. We’ve identified that there is a clear need for our technology on the US market and the conversations around sustainability and decarbonisation are already happening. The US has a long way to go to meet Net Zero and there is considerable work to be done to catch up with the UK and EU, but we want to contribute to that journey. It has always been part of the plan to hire across continents as climate change is a global issue – we all have a part to play.” Alexander Lempka, CEO and co founder.
“Carbon accounting and carbon reporting have emerged as crucial pillars within the financial landscape. We’re excited to have ClimateTech pioneers like Connect Earth at Finovate to help the fintech ecosystem embrace sustainability and forge vital connections between the financial sector and the broader realm of accountability.” Greg Palmer, VP, Finovate
Connect Earth are not newbies to the Finovate scene; earlier this year the company demoed at Finovate Europe in London, drawing in crowds from across the FinTech space. Watch the demo here. At the event in New York, expect to see product development with new features and use cases.
About Connect Earth:
Founded in 2021, Connect Earth is a London-based environmental data company that democratises easy access to sustainability data. With its carbon tracking API technology, Connect Earth is on a mission to empower people to make sustainable choices and bridge the gap between intent, knowledge and action. Connect Earth supports financial institutions in offering their individual and SME customers transparent insights into the climate impact of their spending.