Birexo provides a digital financial platform that combines e-money services with carbon footprint tracking and offsetting tools for small and medium businesses. This integration enables companies to manage their financial transactions while minimizing their environmental impact through transparent reporting and compliance with EU regulations.
Funding
Funding not disclosed
Founders
Product
Problem
Small and medium-sized businesses (SMBs) often struggle to manage their finances efficiently while also tracking and offsetting their carbon emissions, especially with increasing EU regulations. Existing financial platforms typically lack integrated sustainability tools, creating a disconnect between financial operations and environmental impact.
Solution
Birexo provides a digital financial platform that integrates e-money services with carbon footprint tracking and offsetting tools, enabling SMBs to manage their finances and minimize their environmental impact. The platform offers multi-currency wallets and virtual IBANs for seamless international transactions, along with a multi-currency debit card to streamline purchases and travel expenses. Birexo also provides real-time foreign exchange rates and a global payments network to support international business operations. The platform includes a sustainability dashboard for monitoring, analyzing, and reporting the carbon impact of financial activities, as well as compliant carbon offsetting tools to help businesses adhere to EU regulations. Birexo fosters a community where businesses can influence product development and access services like fractional management, legal support, and accounting.
Target Audience
Birexo primarily targets Irish and Italian small and medium-sized businesses seeking secure and user-friendly digital finance and sustainability tools.
Features
- Multi-currency wallets supporting 30+ currencies
- Virtual IBANs for global transactions
- Multi-currency debit card for international purchases and travel
- Global payments network for collecting and receiving payments in multiple currencies
- Real-time foreign exchange (FX) rates
- Sustainability dashboard for monitoring and reporting carbon impact
- Compliant carbon offsetting tools aligned with EU regulations
- "Birexo for Business" community for influencing product development
- Premier network for accessing fractional management, legal, accounting, and taxation services
- Digital financial services built on agile principles for quick feature deployment
- Educational tools for understanding the environmental impact of supply chain and financial decisions