Fauna

About Fauna

Fauna is a social platform that connects users' bank accounts to automatically reward them with points for purchasing from over 100 approved sustainable brands. By incentivizing environmentally friendly choices, Fauna encourages a shift towards greener consumer habits, addressing the need for increased sustainability in everyday spending.

```xml <problem> Many consumers struggle to identify and support sustainable brands, hindering the widespread adoption of environmentally friendly purchasing habits. Existing methods for tracking and rewarding green choices are often manual, cumbersome, and lack integration with everyday financial transactions. </problem> <solution> Fauna is a mobile application that automatically rewards users with points for purchases made at over 100 approved sustainable brands. By securely connecting to a user's bank account via BankID, Fauna identifies transactions with partner merchants and automatically awards points. Users can then redeem these points for various rewards, such as eco-friendly products, experiences, or services. The platform aims to incentivize and simplify sustainable living by seamlessly integrating green choices into the user's existing spending patterns. </solution> <features> - Automatic point accrual for purchases at approved sustainable brands - Secure bank account linking via BankID for transaction tracking - Curated list of over 100 vetted sustainable brands - Reward redemption system for eco-friendly products and experiences - Gamified challenges and team competitions to promote engagement - User profile to track points, spending habits, and sustainability impact </features> <target_audience> Fauna targets environmentally conscious consumers who want to easily identify and support sustainable brands while being rewarded for their green purchasing decisions. </target_audience> <revenue_model> Fauna generates revenue by receiving a small share of the purchase sum each time a user buys from one of their partner brands. </revenue_model> ```

What does Fauna do?

Fauna is a social platform that connects users' bank accounts to automatically reward them with points for purchasing from over 100 approved sustainable brands. By incentivizing environmentally friendly choices, Fauna encourages a shift towards greener consumer habits, addressing the need for increased sustainability in everyday spending.

Where is Fauna located?

Fauna is based in Oslo, Norway.

When was Fauna founded?

Fauna was founded in 2019.

How much funding has Fauna raised?

Fauna has raised 280000.

Location
Oslo, Norway
Founded
2019
Funding
280000
Employees
7 employees

Find Investable Startups and Competitors

Search thousands of startups using natural language

Fauna

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

Fauna is a social platform that connects users' bank accounts to automatically reward them with points for purchasing from over 100 approved sustainable brands. By incentivizing environmentally friendly choices, Fauna encourages a shift towards greener consumer habits, addressing the need for increased sustainability in everyday spending.

fauna.eco500+
cb
Crunchbase
Founded 2019Oslo, Norway

Funding

$

Estimated Funding

$100K+

Team (5+)

No team information available.

Company Description

Problem

Many consumers struggle to identify and support sustainable brands, hindering the widespread adoption of environmentally friendly purchasing habits. Existing methods for tracking and rewarding green choices are often manual, cumbersome, and lack integration with everyday financial transactions.

Solution

Fauna is a mobile application that automatically rewards users with points for purchases made at over 100 approved sustainable brands. By securely connecting to a user's bank account via BankID, Fauna identifies transactions with partner merchants and automatically awards points. Users can then redeem these points for various rewards, such as eco-friendly products, experiences, or services. The platform aims to incentivize and simplify sustainable living by seamlessly integrating green choices into the user's existing spending patterns.

Features

Automatic point accrual for purchases at approved sustainable brands

Secure bank account linking via BankID for transaction tracking

Curated list of over 100 vetted sustainable brands

Reward redemption system for eco-friendly products and experiences

Gamified challenges and team competitions to promote engagement

User profile to track points, spending habits, and sustainability impact

Target Audience

Fauna targets environmentally conscious consumers who want to easily identify and support sustainable brands while being rewarded for their green purchasing decisions.

Revenue Model

Fauna generates revenue by receiving a small share of the purchase sum each time a user buys from one of their partner brands.

Want to add first party data to your startup here or get your entry removed? You can edit it yourself by logging in with your company domain.