Future, a Silver Spring, MD-based climate-positive fintech company, raised $6.5M in additional funding.
The round, which brought the total amount to $11M, was led by from new and existing investors.
The company intends to use the funds to acquire Fan Rewards, an AI-driven rewards platform for fans of artists and influencers. With the acquisition, Future will build a payments and rewards platform for the sustainable economy.
Future is building the most rewarding way to pay in the sustainable economy, incentivizing consumers to make climate-friendly purchases that support the shift towards a low-carbon future. It pays consumers to reduce their carbon footprint and offers personalized recommendations to save cash and carbon. Future launched the FutureCard Visa® debit card offering 5% cashback on eco-friendly purchases, such as taking public transit, buying secondhand, and shopping at over 50,000 businesses across the U.S. The app complements this offering with additional rewards such as 10% cashback on renewable energy purchases.
FinSMEs
19/12/2023