Singapore-based Climate technology startup Handprint has recently raised US$2.2 million in its seed funding round led by Thunes, a global payments platform along with participation from other undisclosed investors.
Handprint that builds sustainability infrastructure for the digital world will be using the fresh infusion of funds to expand its technology and grow its network of impact partners. It also aims to advance its mission to transform the extractive economy into a regenerative economy-making it easy and effective for companies of all sizes to protect and regenerate the planet.
With this strategic investment, the company plans to reach unbanked and hard-to-reach communities across the world and reduce the cost to intermediaries with Thunes’ global payment network.
Founded in 2019 by Mathias Boissonot, Ryan Merrill, Simon Schillebeeckk, Handprint is a Software-as-a-Service platform that helps businesses make a positive impact. Handprint connects companies to causes that their consumers care about.
Handprint allows companies to select from verified impact projects. Once a project is selected, companies can make each sale greener through plug-ins. The plugin connects businesses with projects that resonate with their brand, allowing them to choose from a range of projects such as plastic removal, coral reef construction, disaster relief and more. This helps in communicating the company’s sustainability pledge and action at a critical juncture of the consumer journey, the moment of payment.
Handprint’s consumers include the healthy food chain SaladStop, Lazada, and the global media platform Teads for its Asia activities.
Thunes is a B2B cross-border payment network that enables corporates and financial institutions to move funds seamlessly and provide financial services in emerging markets. The company’s global platform connects mobile wallet providers, banks, technology companies, and money transfer operators in over 100 countries and 60 currencies. Its solutions allow more than 400 partners across the world to send and receive money on a global scale.