Cogo
“Can a carbon-intelligence layer embedded into bank transaction data become the default sustainability tool for retail and SMB banking globally?”
HQUnknown
IndustryFintech / Sustainability
The story
Cogo is a carbon management fintech that embeds carbon-footprint tracking directly into banking apps, enabling financial institutions to offer customers a view of the estimated carbon impact of their spending. The company partners with open-banking data providers such as Tink to access transaction data, and delivers its white-label carbon intelligence layer to banks including Westpac (Australia) and NatWest (UK). Its model is B2B2C — the bank is the client, the end consumer gets the sustainability tool.
Product timeline
2023
Westpac launched a carbon footprint tracker in its banking app powered by Cogo, tracking estimated carbon emissions from eligible account spending.· banking
2023
Cogo partnered with Bantotal to bring carbon management solutions to banking clients across the Americas.· pivot
The stack
Open banking
Accounting gap: none