Algbra Group Limited
City of Westminster, United Kingdom
Financial transaction processing
Service with Minor Environmental Footprint
Algbra is the home of ethical and sustainable digital finance, providing top-tier financial technology solutions and services globally. Algbra provides UK customers with a zero-compromise banking solution, ensuring that quality and impact is always at the heart of everything. An Algbra account, available for free on the App and Google Play stores, comes equipped with all that you would expect and more, including, up to 1.5% cashback on all spending, carbon tracking and offsetting solutions, and financial wellbeing tools. With its mission of creating a more equitable and sustainable world through financial technology, Algbra also provides solutions for other financial institutions through its B2B arm called Algbra Labs. Whether financial institutions are seeking to digitalise, increase their impact, or improve on anything else, Algbra Labs is able to assist on their journey through its industry-leading full-suite consultancy and technology solutions.
Overall B Impact Score
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Previous Overall B Impact Scores
Sign up to our Insights newsletter, a monthly digest of the latest news on economic systems change from B Lab Global.