The initiative brings together multinational financial institutions and fintech leaders to nurture collaboration opportunities with start-ups building digital financial climate solutions. The C&P Challenge is supported by Barclays US Consumer Bank; Rise, created by Barclays; Mastercard; Doconomy; and Patch.
Commenting on the initiative, Danny Kennedy, CEO, New Energy Nexus, said: “Our team is thrilled to launch the Cards and Payments Challenge with an incredible roster of strategic partners, together supporting fintech start-ups and innovations which aim to catalyse equitable decarbonisation.”
New Energy Nexus’ Challenge welcomes an applicant pool of diverse climate fintech solutions from across digital payments, digital wallets, credit assessment, rewards, benefits, insurance, and processing infrastructure – so long as the focal point is decarbonisation and better stewardship of the planet.
Key focus areas include:
Over $100,000 in cash prizes will be awarded to the winners of the challenge. The deadline for applications is October 1, 2021.
