Monday, June 10, 2024 Karma Wallet, a fintech company focused on promoting sustainable consumer spending, has appointed Douglas Sabo as a Strategic Advisor. Sabo, the former Visa Chief Sustainability Officer, will play a key role in advancing the company’s mission of empowering consumers to align their values with their everyday financial decisions. Karma Wallet is constructing an all-encompassing financial ecosystem aimed at democratizing ethical spending for consumers.
Through the Karma Wallet Card, a prepaid debit card that can be reloaded, users not only gain access to exclusive cashback rewards but also contribute to charitable causes with every fuel purchase or dining experience. Additionally, Karma Wallet members join the Karma Collective, a community of purpose-driven brands. The company’s ecosystem extends further with the inclusion of DoneGood, an acquired marketplace featuring over 140 sustainable brands and a wide array of products, along with social and environmental ratings for over 18,000 companies.
This ecosystem will cater to consumers, financial institutions, and corporate employee benefits programs alike. “We are thrilled to welcome Doug to our team,” said Kedar Karkare , Co-Founder of Karma Wallet. “His leadership in the sustainable living movement combined with his experience at Visa align perfectly with our vision of a future where financial empowerment and sustainable living are one and the same.
With his guidance, we will help individuals use.
