FinovateFall 2017 / Sustainably
Presenter Profile:
How they describe themselves: Sustainably rounds up consumers spare change every time they shop and gives micro-donations to their favourite good causes, enabling them to do good and feel good everyday. Its real time CSR platform for businesses allows them to match donate with their customers and employees, hyper-localising and personalising their corporate social responsibility programs to improve impact and return on investment. Initial markets are the UK and US.
How they describe their product/innovation: Sustainably’s mission is to change the world every time you shop. Tapping into an increasing global market for philanthropy, ethical consumerism, and new legislation in open banking, data and CSR, it leverages real time banking APIs and data to deliver impact for consumers and businesses globally and locally.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts
Bus. Dev., Press & Sales: Loral Quinn, CEO & Co-Founder, loral@sustainably.co, +44 7813784406
Website: sustainably.co
Twitter: @Sustainably
HQ: Edinburgh, United Kingdom
Founded: December 2015
Product Demoed: Fintech for social good platform for consumers and businesses
Product Launch: September 2017
Metrics: 4 FTE, 34k web visits, $250k grant funding, friends and family and bootstrapped.
Presenters: Loral Quinn (CEO & Co-Founder), Eishel Quinn (Creative Director & Co-Founder)
- Key Executives
Loral Quinn (CEO & Co-Founder), Eishel Quinn (Creative Director & Co-Founder),
Grant MacLennon (CTO), Jamie Sunderland (Strategy Director)
Key Stats
- Key Investors
Virgin Startups, Scottish Enterprise
- Key Advisory Board Members
Gavin Littlejohn (Fintech Stakeholder Group Convenor, UK Open Banking, Implementation Entity), Jackie Waring (MD, Investing Women), Bruce Walker (CEO & Founder, WeAreTheFuture and FutureX), Lesley Eccles (Co-Founder, Fanduel),
Paolo Pio (Head of Product & Business Development), David Duke (CEO & Founder, Street Soccer Scotland, Unicef ambassador), Laura Chow (Deputy Head of Charities, Peoples Postcode Lottery), Julia Streets (CEO & Founder, Streets Consulting), David Ferguson (CEO, Nucleus Financial)
- Key Partnerships
We built our beta for challenger bank Monzo customers who have £10m in transactions a week and 200k customers and are launching to the top 10 UK banks now.
Our businesses advisors include a UNICEF ambassador and the founder of a unicorn.
Our Virgin Startup funding gives us access to the Virgin network so we are in discussions with the Virgin Group. We’re launching on major U.K. banks via a partnership with Truelayer. And partnering with local, national and global charities.
- Key Customers
Initial banks to be included on the platform: Monzo, Lloyds, RBS, Natwest, Barclays, Halifax, HSBC, Nationwide, Santander, Starling
Our routes to market are through our charity and banking partnerships, and retailer and employer brands through our B2B platform.