Climate First Bank purchases social justice platform
November 15, 2022 - St. Petersburg-based Climate First Bancorp, the holding company for Climate First Bank, announced Tuesday it purchased the climate and social justice fintech platform developed by the startup Ecountabl. The platform indexes data on over 10,000 companies, analyzing environmental, social and governance performance to help customers track how their purchases with brands align with their personal values. The purchase closed Oct. 31. As a result, two Ecountabl co-founders joined the OneEthos team, a digital banking fintech operation under the Climate First Bancorp umbrella. Andy Burr, Ecountabl CEO, was named Chief Growth Officer of OneEthos. Additionally, Justin Bretting, Ecountabl CTO, was named CTO of OneEthos, according to the announcement. Details of the financial terms of the purchase were not disclosed.