Want to be part of the solution and not the pollution? Pyrpose gives those that care about the planet access to invest directly in support of the planet. Combining returns with sustainability
Current Status
We have secured $1M in angel funding, including CVVC participation, and launched a strong private beta with a 4x industry CTR, 4,000 consumers, and a 49% to 86% completion rate increase. We are launching in CH, AS, DE, and Nordics due to European climate change awareness. Recently we launched our public beta, integrated stripe, and are now transacting. We have partnerships lined up with climate-conscious platforms, we are building a talent pipeline, and have a Swiss-guided regulatory roadmap for future licensing.
Problem or Opportunity
Investing in the future of the planet has been only accessible to the climate finance elite. Banks, institutions, and high net worth individuals whohave the means and connections to invest. This has meant that the ordinary climate conscious consumer is left out in investing in the massive energy transition, which is well underway. And yet, 93% of Europeans see the climate as a serious issue. Moreover, there is $4 trillion funding gap for energy transitions, particularly in developing markets where climate change is most severe. It is a mismatch of supply and demand
Solution (product or service)
Pyrpose empowers the climate conscious to invest in the future of the planet. We team up with proven climate companies in developing markets where it is needed the most. Our lending platform connects users with these climate companies. Every dollar invested is transparent and directly reduces future carbon emissions. Our impact goes beyond emissions reduction; it also positively affects people's lives. We create a community for environmentally conscious consumers, making it easy, affordable, clear, and engaging to cut carbon emissions and be rewarded.
Business model
We give those that care about the planet access to invest in the future of the planet by providing an affordable, transparent and engaging platform. Our primary markets to launch in are Western Europe for consumers and developing markets for the investments. Pyrpose lends to climate companies and takes part in the interest income together with our community. We’re acquiring customers directly but will move to B2B2C next year. We’re lining partnerships up on both the consumer as well as company side to build scale of capital. Our focus is to build credibility with our community to enable
