Plastic Bank
Date | Investors | Amount | Round |
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- | N/A | - | |
* | N/A | Late VC | |
Total Funding | - |
Recent News about Plastic Bank
EditPlastic Bank is a social fintech enterprise dedicated to addressing the dual challenges of ocean plastic pollution and poverty. Operating globally, the company empowers communities to collect and recycle plastic waste, which is then used as a form of currency. This innovative approach not only helps reduce plastic waste in oceans but also provides a secure income and life-improving benefits for collectors. Plastic Bank partners with brands and consumers who are committed to sustainability, creating a circular economy where plastic waste is transformed into valuable resources. The business model revolves around collecting plastic waste, converting it into currency, and selling recycled plastic to companies that aim to reduce their environmental footprint. Revenue is generated through partnerships with brands and the sale of recycled plastic materials.
Keywords: ocean plastic, poverty, recycling, fintech, sustainability, circular economy, social impact, plastic waste, secure income, environmental footprint.