YAYZY Limited

Yayzy Limited is a financial technology company specializing in climate impact solutions that assist banks and FinTechs in tracking and offsetting carbon emissions for their customers. Founded in 2019 and based in London, UK, Yayzy Limited develops innovative solutions that allow users to track their carbon footprint through their financial transactions. The company has completed one funding round and was recently valued at GBP 4. 77 million post-money.

The Seed round raised GBP 0. 90 million from Antler and Core Angels, marking a significant step in the company’s development. The management is led by CEO Mankaran Ahluwalia, who is among the founders alongside Cristian Dan and Pedro Cabrero. Yayzy offers an all-in-one climate impact solution tailored for banks and FinTechs, facilitating carbon tracking and offsetting for their customers.

The core product allows users to link multiple accounts and gauge their overall carbon footprint through detailed transaction categorization. This technology uses proprietary algorithms and high-quality carbon emissions data for accurate real-time calculations. Services also include educational tools that illustrate the environmental impact of spending, primarily targeting the financial services sector, including banks and payment providers in North America and Europe. Yayzy generates revenue through partnerships with banks and FinTechs that integrate their carbon tracking and offsetting solutions into mobile applications.

The company utilizes a transaction-based structure whereby clients subscribe to Yayzy’s APIs for detailed carbon emissions data and offsetting capabilities. Revenue arises from these subscription agreements, which may involve fees based on transaction volume or flat-rate pricing. Yayzy also enables retailers to display carbon footprint metrics at checkout, creating additional revenue streams for both Yayzy and its partners, while focusing on certified carbon offset projects to integrate sustainability into everyday transactions. Following the Seed round of financing on December 22, 2020, where YAYZY Limited raised GBP 0.

90 million, the company plans to invest in developing new products aimed at enhancing user engagement and expanding into additional markets. The funding will support the rollout of their technology in new regions, aiming for growth in the financial services landscape across North America and Europe. The recent investment will enable Yayzy to further develop its carbon tracking solutions, enhancing their services and increasing accessibility for a broader customer base.