Lohas provides a mobile platform that combines payment processing and financial management tools. Their platform enables users to make payments, access credit, manage transactions, and perform cash withdrawals, all within a single application.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals, businesses, and NGOs lack convenient and integrated digital tools to manage their finances while also contributing to environmental sustainability. Traditional financial platforms often overlook the importance of aligning financial activities with ecological responsibility, creating a disconnect between financial management and environmental impact.
Solution
Lohas provides a mobile-first financial platform that empowers users to manage payments, access credit, and handle transactions while actively supporting environmental causes. Through the Lohas app, users can make transfers, pay bills, conduct national and international purchases via a Mastercard, and deposit or withdraw cash. A key differentiator is Lohas's commitment to allocating 10% of its profits to environmental initiatives, allowing users to choose which specific cause—water conservation, reforestation, or animal protection—their financial activities will support. By integrating financial services with environmental consciousness, Lohas enables users to contribute to a more sustainable planet with every transaction.
Target Audience
Lohas targets environmentally conscious individuals, businesses seeking to enhance their sustainability efforts, and NGOs aiming to maximize the impact of their financial operations.
Features
- Digital wallet for individuals, businesses, and NGOs
- Mastercard integration for national and international purchases
- Payment processing for bills and services
- Cash deposit and withdrawal functionality
- QR code payments
- Option to allocate 10% of Lohas's profits from user transactions to selected environmental causes (water, forests, animals)
- Carbon footprint calculator to track and offset environmental impact
- Gift card options for businesses to reward employees and clients while supporting sustainability