Tred is a UK-based fintech company with a mission to make money work for people and the planet. Its core product is a Mastercard debit card made from recycled plastic, which links to a mobile app that calculates the environmental impact of every purchase a user makes. For every £100 spent, Tred plants a tree on the user's behalf. Legally known as Tred App Ltd, the company is not a bank itself but operates as a distributor of PayrNet Ltd, which is an Electronic Money Institution authorized by the UK's Financial Conduct Authority (FCA).

Founded in

Nigeria