What is Positive Finance?
Positive Finance is a financial technology company that’s all about impact finance—for both employees and businesses. It’s not a bank itself, but partners with Sila and Evolve Bank & Trust to provide banking services, with accounts FDIC-insured up to $250,000. Security? They use the same 256-bit SSL encryption banks rely on and never store your bank account credentials. The goal? To offer a smart financial benefit solution that helps companies and their people commit to sustainability in a meaningful way.
Main Benefits of Positive Finance
Here’s what makes Positive Finance stand out:
- Employees can earn 3% APY on their Savings wallet—yes, 3%!
- Fee-free donations to nonprofits, with the bonus of tax deductions.
- All nonprofit partners are carefully vetted based on mission and impact.
- Companies can run matching campaigns and nominate nonprofits that align with their values.
- Promotes a diverse, equitable, and inclusive corporate culture.
- Helps attract impact-driven top talent who care about purpose banking.
Empowering Businesses to Drive Sustainability
Positive Finance invites businesses to join in on the movement toward sustainability. It’s more than just a financial tool—it’s a way to promote and monitor the 17 Sustainable Development Goals (SDGs) right within the company culture. By offering this platform, companies can show real commitment to environmental and social impact, which resonates deeply with today’s workforce.
Engaging Employees with Purpose-Driven Finance
For employees, Positive Finance is an all-in-one platform that makes saving and giving feel good. Imagine earning solid interest on your savings while also having the power to donate to nonprofits without fees, all while enjoying tax benefits. Plus, the nonprofits are handpicked for their real-world impact, so every dollar counts. And when companies step in with matching campaigns? That’s a win-win for everyone involved.
Insights from the Positive Finance Blog
The Positive Finance blog dives into topics that matter—like “climate quitting,” where Gen Z and Millennials are leaving jobs that don’t align with their environmental values. It’s a wake-up call for employers to adopt sustainable practices, foster transparency, and support well-being. The blog also highlights the power of financial wellness and workplace giving, noting that Americans have donated over $484 billion to nonprofits. It’s clear: people want their work and their money to make a difference.
Positive Finance’s Impact on Sustainable Development Goals
- Goal 1: No Poverty
- Goal 3: Good Health and Well-being
- Goal 4: Quality Education
- Goal 5: Gender Equality
- Goal 8: Decent Work and Economic Growth
- Goal 10: Reduced Inequalities
- Goal 12: Responsible Consumption and Production
- Goal 13: Climate Action
- Goal 16: Peace, Justice and Strong Institutions
- Goal 17: Partnerships for the Goals
Looking Ahead with Positive Finance
Recently rebranded from bunny.money, Positive Finance is stepping into a new era—one that’s all about empowering impact finance for businesses and their employees. Selected for Techstars Oakland powered by J.P. Morgan’s Spring 2024 class, the company is gaining momentum. It’s clear that Positive Finance isn’t just about banking or saving—it’s about creating a financial ecosystem where giving, sustainability, and purpose come together in a way that truly feels good.
