TreeCard banks $5.1M for its eco-friendly debit card
February 26, 2021
TreeCard has raised $5.1 million in a round led by EQT Ventures, TechCrunch reported. The UK company is launching a wooden spending card that puts 80% of profits from interchange fees directly into responsible reforestation programs. The capital will go toward hiring, the rollout of its product in the UK and its international expansion.