Kani Payments, the global data reconciliation and reporting company, has teamed up with Earthchain, an API-powered digital carbon marketplace.

The collaboration enables Kani Payments’ clients to show their customers the real-time carbon footprint associated with every purchase they make at checkout.

By enhancing its award-winning data reconciliation platform with Earthchain’s carbon-conscious business intelligence insights, Kani Payments will help its payments and fintech clients to tap into growing demand from consumers to track the climate impact of their purchases.

Kani Payments and Earthchain will also enable merchants and payment processors to demonstrate their commitment to climate change and fund carbon-conscious projects at scale.

Earthchain’s Carbon Intelligence platform and APIs enable businesses to support decarbonisation projects around the world and embed emissions insights and climate contributions into their products and services. Financial services institutions, fintechs and payments companies can give customers the insights to identify where they can make the most effective changes to purchase more sustainably.

“We know that consumers are increasingly demanding climate-conscious actions from the businesses they transact with," said Aaron Holmes, founder and CEO of Kani Payments. "To prepare for this changing landscape and provide future-proof value-added services to its clients, Kani Payments’ partnership with Earthchain is creating even more compelling and value-added services for our customers. By integrating Earthchain’s unique carbon intelligence capabilities into our platform, we’re empowering our clients to take proactive climate action.

“This partnership demonstrates that Kani Payments is prioritising tangible business intelligence insights that align with global climate action targets. By working together with Earthchain, Kani Payments can take proactive strides to achieve our own ESG goals as well as encourage our climate-aware clients, including payments companies, neobanks and processors, to do the same for their customers.”

Mike Barlow, co-founder and head of growth at Earthchain, also added: “Our ultimate goal is to educate fintechs and financial institutions to help change consumer behaviour and reduce the impact businesses have on the environment. This partnership with Kani Payments is the next step on our journey, and we’re delighted to be able to work with Aaron and the team to create a unique carbon reduction tool based on their needs.

“Earthchain is different to other providers as we tailor our integrations to each of our clients’ needs, including the ability to provide recommendations based on online purchasing history, advice on how they can reduce their carbon footprint as consumers or as an organisation, and real-time tracking of their impact and climate project portfolios.”

‍Kani Payments’ data reporting and reconciliation platform has been built by payments experts and is designed to help ambitious, disruptive companies to fuel future growth with streamlined reporting, actionable business intelligence insights, and achieve compliance with industry and regulatory requirements.

Kani Payments has reconciled more than €24billion in processed payments volume through its scalable platform that can be used by companies from scale ups through to enterprise level, across the fintech spectrum, and has forged relationships with companies including Transact Payments, IDT, Moorwand, Sodexo and Osper.