Purpose Finance
Purpose Finance, a fintech company based in San Francisco, is winding down operations. It provided users with ESG data on companies and offered rewards through its Purpose Mastercard® Debit Card.
Company History
Purpose Finance, formerly known as Purpose, is a fintech company based in San Francisco, CA, USA. The company operates in the banking and exchange sector, providing users with financial technology solutions. Purpose Finance was part of the Y-Combinator W21 batch and has been active in the regions of the United States and Canada. Currently, the company is winding down its operations, as announced on its homepage. Purpose Finance was founded by a team with extensive experience in engineering, design, and finance.
Locations and Contact Information
Purpose Finance is headquartered in San Francisco, CA, at 2261 Market Street #4168. This location has served as the central hub for the team's operations. The company has primarily operated within the United States and extended its services to Canada as well.
Financial Products
Purpose Finance offers the Purpose Mastercard® Debit Card. The card is issued by Piermont Bank, a Member FDIC, under a license from Mastercard International Incorporated. This product aligns with the company's aim to provide innovative banking solutions while incorporating an impact-led philosophy in its offerings.
Environmental, Social, and Governance (ESG) Data
Purpose Finance provides users with actionable environmental, social, and governance (ESG) data about the companies they shop at. This service allows users to make informed decisions based on the ESG performance of corporations, aligning with Purpose Finance's commitment to impact-led financial services.
Rewards and Perks
Purpose Finance offers a range of perks and rewards to its users. These rewards are designed to enhance the user experience and provide tangible benefits for engaging with the company's products and services. Specific details about these perks and rewards can be found on the company's website.
