Handprint, a Singaporean firm that creates digital sustainability infrastructure, has acquired US $2.2 million in initial investment led by Thunes, a global payments network, with involvement from anonymous angel investors.
Handprint will utilise the funds to improve its technology and grow its network of impact partners. The purpose of the firm is to turn the extractive industry into a regenerative economy by making it simple, easy, and impactful for businesses of all kinds to preserve and renew the planet.
The strategic partnership will also link Thunes’ global payment network with Handprint’s technology, allowing money to reach unbanked and hard-to-reach populations all over the world while reducing intermediary costs.
Handprint, which will be launched in Singapore in 2020, allows businesses to choose among certified impact initiatives, integrate impact into their business activities (such as payment procedures and e-commerce tools), measure how their positive effect grows over time, and engage consumers.
For its Asia operations, Lazada, the healthy food chain SaladStop, and the global media platform Teads are among its clients.