The Global Fintech Personal Finance Market Report by Absolute Markets Insights offers a high-level summary of classification, competition, and strategic actions
Enphase Energy (NASDAQ:ENPH) all soared in 2020.
Enphase took advantage of the solar boom as the oil industry took a major hit and multiple governments moved to reduce emissions.
Tesla saw its stock explode as the electric vehicle movements captured the imagination of a new generation.
Facedrive, perhaps the most exciting of all, found itself at the crossroads of multiple different ESG trends just as the biggest investors in the world searched desperately for a sustainable investment.
This Canadian disruptor with a $1.5 billion market cap entered one of the most exciting upcoming sectors of 2020 with its
acquisition of Washington, DC-based Steer a high-end EV subscription service that plans to transform the way we think about car ownership altogether.
Investing will never be the same again.
The $120 trillion sustainability trend has left no sector untouched, and it is fueling one of the biggest transfers in capital the world has ever seen.
Blackrock, the world’s largest asset manager with $7 trillion under management, has already said that its clients are looking to double their ESG investment in the next 5 years.
And that is only the beginning.
Within a year, 77% of institutional investors have said they will stop investing in companies that aren’t considered sustainable.
Climate change is being listed as the single biggest concern for money managers around the globe.
ESG-focused portfolio that just pulled off a major coup with the
acquisition of Washington, DC-based Steer- a high-end EV subscription service that plans to get even more EVs on the road, and even to upend the way we think about car ownership altogether. And this isn’t the only vertical that ties Facedrive into a multi-billion-dollar industry . It’s tied to the $5-trillion global transportation industry, the $9 trillion healthcare industry, the $850-billion airline industry, the $600-billion major league sports industry and the $26-billion food delivery segment … From the world s first carbon-offset ride-sharing platform to an electric vehicle subscription service.Facedrive is rethinking the entire concept of car ownership. And ESG investors are loving it.