KUMO is a lending marketplace that matches funders and borrowers to deliver secured loans backed by carbon credits. Founded in 2020 and headquartered in Germany, KUMO is making waves in the world of decentralized finance (DeFi) with the backing of Techstars and ABN AMRO. By pioneering carbon-credit collateralized lending, KUMO is ushering in a new era for sustainable finance. The platform transforms carbon credits and carbon forwards into collateral, fundamentally changing the dynamics of securing loans. KUMO’s commitment to breaking down climate finance barriers is evident through its mission to significantly reduce risk, lower costs, and simplify the process of scaling the impact of investment dollars. The platform facilitates the matching of sustainable investors and project developers to deliver growth capital, backed by carbon, thereby bridging the sustainable finance gap. Leveraging the untapped value of non-retired carbon credits, KUMO ensures that impactful projects receive the support they need to thrive. The unique value proposition of KUMO lies in its ability to secure loans with carbon credits, reduce risk, lower costs, and scale the impact of investment dollars, ultimately bridging the sustainable finance gap. Overall, KUMO is poised to make a substantial impact in the financial services industry by revolutionizing sustainable finance through innovative lending solutions.
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