There is significant interest among investors in the fintech sector, and considering the potential for considerable long-term upside, that is not surprising. There are a number of companies that investors can choose to track, and this morning they could keep an eye on Intellabridge Technology Corporation (OTC:KASHF). It is a financial technology company that works on the integration of impact in everyday financial transactions. On Wednesday, the company came into focus after it announced that it had launched its iOS application.
Intellabridge Technology Corporation revealed that the app had been made available for download from the Apple App Store and would allow users to support a number of global causes through the ease of regular banking. The app, known as the Karma app, that was launched by the company on the Apple App Store yesterday, had been developed in the form of a mobile banking app. It would allow users to set up their bank account, get a digital as well as physical debit card, support causes all over the world with the novel Cause Cards, and get 10% cash back from 10,000+ stores.
The cause cards are each linked to particular Sustainable Development Goals (SDGs) that are related to a range of causes and ensure that contributions have a positive impact on a number of global crises. Additionally, the users would also have the option of karmify-ing their debit and credit cards so that each transaction conducted with those cards could go on to contribute towards causes that are in alignment with the United Nations’ SDGs. The Chief Executive Officer of the company, John Eagleton, spoke about the development yesterday. He noted that the aim of the company was to provide everyone with the power to have a major impact through their everyday spending, and the launch of the iOS app was a major step in that direction.
