Fintech App Focuses on Responsible Business Investments
A startup called Grow has been launched to target investments in socially responsible companies. One of a rapidly expanding category of fintech apps called “robo-investors” that make it easier for new investors to build portfolios, Grow points to investments in companies that have sustainable strategies and good governance. Reports TechCrunch: “Grow has developed its own proprietary database and analytics tool, Grow Analytics, to identify those investments that respect certain values, like environmental, social and governance, while also minimizing portfolio risk. It seeks out investments across sectors, industries and assets classes, too, in order to offer a balanced and diversified portfolio.” Available as a free download on the Apple iTunes App store, Grow could deliver a big boost to the ESG-driven investment market.
John Howell, Editorial Director
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