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‘Make it profitable to save the world’

Mathias Wikström, founder of the Sweden-based climate fintech startup Doconomy, explores how more knowledge changes behavior and how sustainability can future-proof the banking sector.

Duckbucks: In a nutshell, what does Doconomy do?

Mathias Wikström: Doconomy today brings two products to market. One being Impact Transactions: calculating every transaction made in order to understand cause and effect. With every purchase you make, you get a financial score in the local currency as well as an impact score measured in a CO2 emissions equivalent. Understanding who you’re spending your money with and what kind of integrity that you’re enabling — or what kind of lack of integrity that you’re enabling — is at the very front and center of the interest of the purchaser.
The other product is Impact Finance, which connects your ability to take responsibility for your personal financial wellbeing, to taking responsibility for the greater good. Through leading behavioral science, we hyper-nudge you to save and invest better and more to achieve the dreams that you set — it’s intention-based.

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Author

  • Mathias Wikström is a Sweden based sustainability business leader and creative strategist. He founded Doconomy together with Johan Pihl and spearheaded globally awarded forefront projects in finance, sustainability and human rights. He has received an EMBA with honors at Stockholm School of Economics with focus on leading innovation.

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