GreenFi, a San Francisco, CA-based climate-friendly banking and investing brand, raised $17M in funding.
Backers were not disclosed.
The company intends to use the funds to accelerate its development of new banking, credit, and investment products that deliver both financial value and sustainability.
Founded by CEO Tim Newell, GreenFi (formerly Aspiration) is a climate-friendly banking and investing brand, empowering customers to align their financial goals with their values. In the coming months, the company plans to introduce enhanced financial products, including higher-yield savings accounts, climate-friendly credit cards, additional impact investments, and green loans.
The company emerged from the 2024 acquisition of Aspiration’s consumer fintech brand by Mission Financial Partners (MFP), led by Newell, the former head of the consumer fintech division at Aspiration and former leader of Tesla’s financial products team. This spin-out established GreenFi as a new independent company dedicated to providing climate-friendly financial solutions.
FinSMEs
22/04/2025