responsAbility and Phlomis Finance Combine Blockchain and Impact Investing
The collaboration aims to bring the concept of impact investing to more people by using blockchain for transparency and efficiency.
responsAbility and Phlomis Finance leverage their expertise in social impact investment and blockchain technology, respectively.
responsAbility Investments AG, a leading impact asset manager, has joined forces with Phlomis Finance, a blockchain-enabled investment platform, to advance financial inclusion and climate finance.
The partnership aims to combine blockchain technology with impact investing to help projects that create positive social and environmental changes, particularly in developing nations.
responsAbility has more than two decades of experience in impact investing, focusing on sustainable food, climate finance, and financial inclusion. Their primary goal is to provide companies in emerging markets with access to finance, create job opportunities, and reduce poverty.
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Robert Widen, Director of the Nordics for responsAbility: “We are excited to work with Phlomis Finance to develop a new channel and paradigm for impact investments tailored to the growing segment of digital asset holders. We believe our investment products, which provide attractive returns with specific, measurable impact, will appeal to digital asset investors.”
Phlomis Finance is a Swedish company that uses blockchain technology to connect investors with opportunities in real-world assets. The platform is very useful for those who do not have access to institutional-level investments. Blockchain technology is used to track financial and impact data, helping digital asset holders invest with confidence and transparency.
Todd Miller, Managing Director for Phlomis Finance: “responsAbility is an innovative leader in the impact asset management space with a proven and consistent performance and impact record. We are excited to work with a fund manager recognized for its quality asset and credit management plus rigorous impact assessment strategies. Combining their expertise in asset management and impact assessment with our technology platform will bring a unique suite of resilient investment offerings to market.”
The tie-up also supports micro-entrepreneurs in developing countries and the United Nations Sustainable Development Goals.
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Source: responsAbility
