Michael Seibel

Bend - A modern corporate card built for climate-friendly business

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With Bend any company or organization can automatically track and reduce their greenhouse gas emissions (for free!) as they earn 4% yield on deposits, and carbon removal credits with every purchase.

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Mike Luo
This cool AND impactful for the environment! Is there a rough estimate of credit card spend -> CO2 emissions reduced? e.g. if on average, your company spends $10k/month on the card, you'll reduce your CO2 emissions by X? I ask this because for some companies, it could be impactful to say "We're carbon neutral" all with just their CC spend!
Thomas Constantine Moore
@azianmike Totally! I think unfortunately the economics don't quite work out that way, even if your spend is very low impact. Our own rewards on the platform offset around 30-50% of our emissions, depending on the month, but that's because we invest only in very high quality offsets at a market leading price of $100 / tonne. This blows away the average industry offset price per tonne, which is sadly heavily skewed towards greenwashing with low-credibility avoidance offsets.
dracstaxi
Awesome looking stuff! What's your tech stack like?
Thomas Constantine Moore
@dracstaxi Back-end is primarily Rust using Axum, with some TypeScript Node services as well β€” frontend is NextJS! Deployed on Google Cloud and Vercel :)
Shreyas Iyer
Congrats on the launch! I have a few questions. How do you calculate greenhouse gas emissions from spending, and what type of recommendations do you make? Is it something along the lines of provider X is more environmentally friendly than provider Y which you're currently using? I really like this idea β€” excited to give it a try!
Michael Boeke
The card offering makes a ton of sense. I wish we had access to a card like this when I was starting my last company, a few years ago!
Wyatt Burnett
What's next on your roadmap?
NarΓ©
Super excited about this launch ! What is the typical size of companies you work with ?
Andrew Twigg
This looks great, and I love that the reporting can enable users to learn more about the impact of their purchasing decisions so they can do more than just passively earn carbon credits.
Daniel Obiokeke
Is Bend open to customers in Nigeria?