Thursday, January 14, 2021

Ando Launches Climate Friendly Banking App

San Diego-based Ando, a new startup offering up mobile banking, says it has launched a free banking service which proactively combats climate change. The startup--led by CEO JP McNeil--says it specifically uses its deposits to support investments in clean energy, sustainable infrastructure, and regenerative agriculture efforts. The company claims it offers up transparency on its efforts, showing how deposits are being used in areas like clean energy and sustainable transportation. The startup says it offers up access to its banking service via a Visa debit card, and online banking is free, and that deposits are FDIC insured through Community Federal Savings Bank.