Carbon credit transaction network Carbonplace has raised USD 45 million in a strategic round of investment and formed its own entity, it was announced today. Carbonplace, which connects buyers and sellers of carbon credits through their banks, secured the seed funding from the financial institutions which founded the fintech: BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank, NatWest, Standard Chartered, SMBC and UBS. Through the investment, each bank shares equal equity ownership in the new company which is expected to launch its platform later this year. Headquartered in London,…
Read MoreCarbonplace Announces New CEO; Secures USD 45 Million in Funding
