Tickr Raises $3.4 Million

Tickr, an app that allows U.K. consumers to make financial investments based on their impact on society and the environment, has secured $3.4 million in funding lead by Ada Ventures, a VC which focuses on “impact” startups. The cash will be used for product development, expanding the user base, and eventually taking Tickr into other European countries from its current U.K. base. As well as investing, the platform allows customers to spend their cash via partnerships with impact-oriented compares, and offset their carbon footprint through a subscription. The startup says it is approaching 100,000 users in the U.K. and is reaching a millennial audience.