Fintech startups are revolutionizing the traditional financial services industry by providing innovative solutions that cater to the changing needs of consumers and businesses. The global fintech market is expected to grow at a CAGR of 23.58% between 2021 and 2025, solidifying its unprecedented trajectory. The widespread adoption of digital platforms and devices has been one of the main drivers of this fintech revolution.
Climate fintech in particular is a rapidly growing field that holds immense potential for leveraging digital transformation and reworking the financial sector to benefit both people and the planet. By addressing climate change risks, it can support climate action by unlocking the potential of climate finance and realizing the goals of the Paris Agreement to reduce greenhouse gas emissions and improve resilience to climate change.
Climate fintech business models are emerging at an unprecedented pace, thanks to supportive policies and government initiatives. These models are utilizing digital technologies and financial product innovations to help overcome the challenges of climate finance by connecting banks, insurers, non-banks, startups, big tech firms, technology providers, regulators, and consumers.
The climate fintech industry has seen a significant increase in funding over the past two years, and it is projected to continue growing. According to recent statistics, climate fintech funding has reached $2.2B in 2022 alone, which is already more than the $1.8B raised in 2021 and over 3x the 2020 total. This trend illustrates the growing interest and investment in the field and highlights the potential for climate fintech to play a crucial role in addressing the challenges of climate change.
Exberry is an Israel-based FinTech startup committed to becoming a key player in the green revolution by tapping into the carbon markets – a movement that focused on fighting global warming.
Tech Meets Green Revolution
Exberry assists exchange innovators with launching, adjusting, and expanding their operations. The company provides a combination of exchange and trading technology knowledge for secondary market models, which merges business experience with corporate power. Their technology revolutionizes the way prices are discovered in alternative markets and is relied on by traditional, alternative, and digital asset exchanges. Moreover, it is intended to aid clients improve their trading tactics and obtain a competitive advantage in their markets.
Exberry’s cutting-edge technology and software engineering background, combined with its strategic business counsel for growth, enables the company to deliver a multi-trading facility (MTF) and alternative trading system (ATS) grade exchange technology that is designed to scale. This technology is flexible enough to be tailored to the specific needs of each asset class or opportunity, providing clients with a fully customizable exchange infrastructure that guarantees the highest trading standards.
Their newest product called Exberry for Carbon aims to promote carbon markets and combat global climate change. This turnkey solution offers a user-friendly trading interface, permission-based trading, account management, fee management, and settlement instructions. It is designed to support capital market-grade trading in any carbon asset, allowing for faster time to market and is compliant with regulations. The platform is blockchain agnostic and has a customizable user interface. The product’s comprehensive exchange infrastructure ensures the highest trading standards.
With Exberry for Carbon, clients can launch their regulated digital assets carbon marketplace in a matter of days without writing a single line of code. The product allows for easy asset digitization, primary issuance, and immediate secondary trading access based on the DLT ledger. The company is uniquely positioned to help businesses navigate the complex carbon markets and capitalize on the growing demand for sustainable investing.