LOS ANGELES – (BUSINESS WIRE) – October 14, 2021–
Suction, the global leader in Sustainability as a Service products for consumers and businesses, today announced the public launch of the Aspiration Zero card, the world’s first credit card designed to tackle the climate crisis. Anyone interested in the card can now apply to https://www.aspiration.com/zero.
Using an Aspiration Zero card just once a day can offset the total carbon footprint of the average American – and using it 30 times a month allows you to both achieve zero carbon for the month and Unlimited 1% cash back on every purchase you make this month.
The operation is simple: with each purchase made on the Aspiration Zero card, Aspiration will plant a tree and allow users to plant an additional tree by rounding their purchase to the nearest dollar. Two average mature trees offset the daily carbon impact of the average American.
True to sustainable values, Aspiration created the Zero physical map, so it is mostly made from plant-based materials and not plastic.
âAspiration Zero is more than a credit card – it’s one of the only products of any kind that will offset the carbon footprint of an average person just by using it once a day,â said Andrei Cherny , CEO and co-founder of Aspiration. âMillions of Americans are joining the fight against the climate crisis at home, in their cars, at the grocery store. Now, for the very first time, they can bring this fight to their wallet. “
The official launch of the Aspiration Zero card follows the recent announcement that Aspiration will become the first sustainable finance company to go public. Aspiration recently entered into a merger agreement with InterPrivate III Financial Partners Inc. (NYSE: IPVF), a publicly traded special purpose acquisition company, which on closing will make Aspiration a publicly traded company.
Aspiration is one of the fastest growing financial institutions in America with over 5 million members. The company has planted more than 35 million trees on behalf of its consumer and business customers in the past 12 months.
More than five million Americans have signed up as Aspiration members, joining one of the largest conscious consumer communities in the world. With the launch of Zero, Aspiration now offers a full ecosystem of sustainable financial services, from accounts that allow customers to prevent their deposits from being used to fund oil and gas projects to debit cards that allow them to track money. impact of their spending on people and the planet, to investment and retirement accounts that provide sustainable options for all. Aspiration’s technology and tools also provide bundled solutions that help companies meet the sustainability demands of their customers and employees by offsetting their carbon footprint and developing co-branded products and services that mitigate climate change. The company’s partner businesses range from software publisher Intuit and Los Angeles Clippers to NEU Community, which is launching a community of sustainable homes outside of Austin, Texas, in partnership with Aspiration.
The Aspiration Zero MastercardÂ® is issued by Beneficial State Bank (âBSBâ), member of the FDIC, under license from Mastercard International Incorporated (âMCIâ). The Aspiration Plus Debit Card is issued by Coastal Community Bank (âCCBâ), member of the FDIC, under license from MCI. Mastercard is a registered trademark and the design of the circles is a trademark of MCI.
About Aspiration Partners, Inc.
Aspiration is a leading platform to help people and businesses put automated sustainable impact into their hands and integrate it into their daily lives. Aspiration has earned the trust of its over 5 million members by helping them spend, save, buy and invest for both âDo Wellâ and âDo Goodâ. Aspiration Partners, Inc. is a certified B Corp. For more information visit Aspiration.com Where Aspiration.com/business. Fixed multimedia and video resources are available on https://tinyurl.com/56u3yu3z.
About InterPrivate III Financial Partners Inc.
InterPrivate III Financial Partners Inc., led by Chairman and CEO Ahmed Fattouh, Chairman Nicholaos Krenteras and Vice Chairman Sunil Kappagoda, is a blank check company whose business objective is to affect a business combination with one or more financial services or fintech companies. sectors. InterPrivate III’s Board of Directors includes globally recognized leaders in financial services, including: Former BankOne Chairman John McCoy; former Lucent and Verifone chairman Rich McGinn; the founder of Pine Brook and former vice president of Warburg Pincus, Howard Newman; and fintech investor Gordy Holterman.
View source version on businesswire.com:https://www.businesswire.com/news/home/20211014005303/en/
CONTACT: Aspiration Investor Relations
[email protected] Aspiration Public relations
[email protected] III Financial Partners Inc.
[email protected] Capital
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: ENVIRONMENT WOMEN FINANCE OTHERS RETAIL BANKING MEN PROFESSIONAL SERVICES CONSUMER TRADE
Copyright Business Wire 2021.
PUB: 10/14/2021 08: 00 / DISC: 10/14/2021 08:02
Copyright Business Wire 2021.