Doconomy (www.doconomy.com) – the leading climate technology startup helping banks, brands, and consumers to better understand and reduce their environmental impact – has acquired Stockholm-based financial wellbeing fintech Dreams Technology (www.dreamstech.com), the B2B arm of Dreams AB, one of TNF’s portfolio investments. This marks the first deal of its kind to bridge the unique intersection of behavioural economics and climate impact.

Under the acquisition, Doconomy will incorporate Dreams Technology’s proprietary platform – which leverages behavioural science to deliver radical new ways to boost banking customers’ digital engagement and financial wellbeing – to its suite of leading environmental impact measurement tools. This will enable Doconomy to offer its existing banks and financial institution partners an extended behavioural science-driven product portfolio that will include modules for climate smart savings, debt management, and investments.

TNF Venture Partner and Chairman of Dreams AB, Francisco Arcilla, comments: “This awesome combination of Doconomy’s experts in climate impact with the behavioural economics talent of Dreams Technology is set to deliver an exciting offering that promotes financial wellbeing while encouraging sustainable consumption choices, effectuating climate action at scale.”

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