Internship
Treecard
11-50 employees
Debit card promoting ethical spending and sustainability
No salary listed
United Kingdom
- Undergraduate or masters student
- Strong interest in startups, climate tech and operations
- Work on various projects such as building ecommerce websites
- Increase user engagement through eco-friendly rewards center
- Improve internal operational efficiency
Treecard offers a debit card that allows users to support environmental causes through their everyday spending. The card, issued by Sutton Bank under a Mastercard license, rewards users with points for purchases, especially from sustainable brands or for eco-friendly activities like using public transport or walking. These points can be redeemed for rewards that promote sustainability, such as eco-friendly travel experiences and refurbished tech products. Unlike traditional financial services, Treecard focuses on ethical spending and environmental impact, making it appealing to consumers who prioritize sustainability. The company generates revenue through interchange fees from merchants and donates a portion of its profits to Ecosia, a search engine that plants trees, contributing to the planting of 150 million trees globally. Treecard's goal is to make it easier for individuals to make a positive impact on the planet while managing their finances.
Company Size
11-50
Company Stage
Early VC
Total Funding
$29.1M
Headquarters
London, United Kingdom
Founded
2020
Simplify's Take
What believers are saying
- Treecard raised $23 million, showing strong investor confidence in its model.
- Partnership with plug aligns with demand for sustainable, refurbished tech products.
- Growing consumer interest in sustainable finance boosts Treecard's market potential.
What critics are saying
- Increased competition from green fintech startups may dilute Treecard's market share.
- Slowdown in GreenTech funding could impact Treecard's future investment opportunities.
- Reliance on interchange fees may be vulnerable to regulatory changes or spending shifts.
What makes Treecard unique
- Treecard offers a unique wooden payment card for eco-conscious consumers.
- Partnership with Ecosia funds reforestation through interchange fees from card transactions.
- Treecard incentivizes ethical spending with rewards for eco-friendly activities.
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Benefits
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Home Office Stipend
Professional Development Budget
Parental Leave
Growth & Insights and Company News
6 month growth
↓ -9%1 year growth
↑ 0%2 year growth
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