We started out as fintech investors, but we have increasingly seen the value of expanding beyond the fintech sector to support other sectors, particularly where fintech services could be instrumental to the core operations of such businesses. Graas, an e-commerce enabler and one of Integra Partners Fund II portfolio companies, is a stellar example of the intersection between e-commerce and fintech sectors. 

With the same thesis in mind, we have identified synergies where fintech could play a crucial role in the planet’s pressing challenge – climate change. As fintech investors, we see significant potential within each fintech vertical to address climate change, from the perspective of adaptation and mitigation initiatives (Think democratisation of access to solar panels through the Solar-as-a-Service model!)

Integra Partners 2023 Climate Fintech report highlights the role of each key fintech vertical, namely reporting, analytics, insurtech, financing, payments and financial markets, in the transition to a low carbon economy. 

Climate change poses a systemic risk, threatening global growth on a massive scale. We are talking approximately US$500 billion of annual spend needed to adapt to climate change and 18% loss in global GDP expected if global temperatures rise by 3.2°C. 

The good news is, regulatory push, coupled with rising awareness from the private sector and consumers, is paving the way for climate fintech startups to innovate and capture the market opportunity. The report includes spotlights on several climate fintech startups that have emerged in Southeast Asia with innovative business models to win the market. 

We are in the exciting early days of climate fintech and we hope our role as VC investors will help accelerate the transition to net zero in Southeast Asia. It is our pleasure to share our view on the climate fintech space in this report. You can access the report here.