Karma Wallet Raises Funds to Expand Sustainable Shopping Marketplace

Karma Wallet Acquires DoneGood

Key Highlights:

• Acquisition: Karma Wallet, a sustainable consumer spending company, has acquired DoneGood, a marketplace for sustainable shopping.
• Combined Strengths: The acquisition combines Karma Wallet's data platform and financial products with DoneGood's marketplace, offering members a comprehensive ecosystem for ethical spending.
• Benefits for Consumers: Karma Wallet's platform provides personalized data on carbon footprint, shopping habits insights, cash back, and sustainable rewards.

Karma Wallet's Target Market

• Environmentally Conscious Consumers: Individuals who prioritize sustainable and ethical shopping, seeking tools and resources to make informed purchasing decisions.
• Brands with Sustainable Practices: Companies that align with sustainable development goals and offer products that are good for people and the planet.
• Financial Institutions and Partners: Collaborations with financial institutions and partners to offer sustainable financial products and services.

What Karma Wallet Needs to Buy

• Sustainable and Ethical Brands: Partnerships with sustainable and ethical brands to expand the product offerings on their marketplace.
• Technology and Data Solutions: Investments in technology and data systems to enhance their platform's capabilities in providing personalized insights and rewards.
• Marketing and Branding Services: Collaborations with marketing and branding agencies to increase brand awareness and attract more environmentally conscious consumers.