Shoal

Shoal

Financial Services

Moorgate, England 1,067 followers

B-Corp Certified Sustainable Savings App. Earn fixed returns as you help support sustainable projects around the world.

About us

Shoal is building a new sustainable way to save money. We believe that by acting together, by moving in unison and security like a Shoal of fish, we could help accelerate the transition to a greener and fairer world. All we have to do is save money and watch it help support sustainable projects around the world. Coming to the UK soon. Shoal - Powered by Algbra Labs

Industry
Financial Services
Company size
2-10 employees
Headquarters
Moorgate, England
Type
Privately Held
Founded
2021
Specialties
Ethical Saving, Sustainable Finance, Ethical banking, ESG, FinTech, Savings Account, Sustainable Development, UN SDGs, and Neobank

Locations

Employees at Shoal

Updates

  • View organization page for Shoal, graphic

    1,067 followers

    🚨 Exciting news:  We are thrilled to announce our partnership with Algbra, the first sharia-compliant and B-Corp certified fintech to be authorised by the Financial Conduct Authority.    “We founded Shoal with a simple goal, to enable people to grow their money in a manner that benefited the world without compromising their values. We are very excited for the impact of this partnership with Algbra given our shared vision.” Joan Medland Tom Mason   A big thank you to our team – we wouldn’t be here without you and we are very grateful Ivelina Delcheva, CFA Diptesh Mishra Sarah Maul Edgars Karklins Paola Masperi Esther Faber Dhruv Mehrotra And to Alex Manson, Gurdeep Singh Kohli , James McKay, SCVentures by Standard Chartered for their instrumental role in fostering connections to like-minded partners such as Algbra. We can’t wait to get to started on this journey Fizel Nejabat Zeiad Idris 🚀   #Partnership #SustainableFinance #ESG https://lnkd.in/eNn47W3U

    We are thrilled to announce our recent investment in Algbra, an ethical finance focused and sharia-compliant fintech headquartered in the #UK, which offers its full-stack proprietary technology internationally, as a turnkey digital banking solution.   As part of this, Shoal | Sustainable Savings | Certified B-Corp™, our sustainable finance platform, and Algbra will be establishing a #partnership - Shoal will leverage Algbra’s technology capabilities to distribute its products to UK retail customers whilst Algbra will incorporate Shoal as part of its ESG-centric B2B solutions globally. 🚀   We’re very excited to support Algbra and Shoal in accelerating the delivery of their solutions in the UK and beyond - Congratulations to Zeiad Idris, Fizel Nejabat, Joan Medland, Tom Mason and all involved!   Find out more 👉 https://lnkd.in/etDRhqGq   Alex Manson, James McKay, David Law, Emmanuel Ramambason, Marisa Drew, Gurdeep Singh Kohli   #Investment #Partnership #SustainableFinance #ESG #RewiringtheDNAinbanking

  • Shoal reposted this

    View organization page for Shoal, graphic

    1,067 followers

    We’re thrilled to share that you can now sign up to our waitlist to get early access to Shoal - the sustainable savings app. With Shoal, you can earn up to 4.75%* while helping support a global portfolio of sustainable projects such as: High-speed electric rail in Egypt Hospitals in Angola Education opportunities for marginalised communities in India In addition to making a positive financial impact on your life, the Shoal App also shows you the CO2 you help avoid and the clean H2O you help generate through your savings, even as they grow. Go ahead and secure your early access, we’d love to hear about your experience! Sign up link in the comments section below. * Rates shown are indicative, latest rates are available in the Shoal App. Rates shown are annualised (AER). Return on savings are repaid at the end of the savings term.

  • View organization page for Shoal, graphic

    1,067 followers

    We’re thrilled to share that you can now sign up to our waitlist to get early access to Shoal - the sustainable savings app. With Shoal, you can earn up to 4.75%* while helping support a global portfolio of sustainable projects such as: High-speed electric rail in Egypt Hospitals in Angola Education opportunities for marginalised communities in India In addition to making a positive financial impact on your life, the Shoal App also shows you the CO2 you help avoid and the clean H2O you help generate through your savings, even as they grow. Go ahead and secure your early access, we’d love to hear about your experience! Sign up link in the comments section below. * Rates shown are indicative, latest rates are available in the Shoal App. Rates shown are annualised (AER). Return on savings are repaid at the end of the savings term.

  • Shoal reposted this

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    28,925 followers

    In the latest episode of The Insights Podcast, we dive into the future of sustainable finance with: 💡 Tom Mason, Co-Founder of Shoal 💡 Marten Möller Moller, Impact & Partnerships Manager at Algbra Tom and Marten discuss: 🔹 Shoal's eco-friendly savings app and partnership with Algbra and Standard Chartered 🔹How can fintech and banks team up to drive sustainable financial products? 🔹 The balance between profitability and environmental impact 🌍💸 🔹 Why transparency and user experience are crucial to success Listen now 👇 https://lnkd.in/e62CdxKm #Insights #TPA #Fintech #Sustainability #Podcast

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  • View organization page for Shoal, graphic

    1,067 followers

    A massive congratulations to our partner bank Standard Chartered for ranking #1 in Climate Change Adaptation! 🌍 Climate X have just published a first-of-its-kind ranking of 50 of the world’s largest commercial banks by their climate adaptation maturity, evaluated across 17 key indicators. The analysis highlights: Degree of climate adaptation maturity in the Banks analysed Impact of regional policies on adaptation efforts Notable trends, regional disparities, and best practices that are shaping banks' climate strategies Full link to the ranking in the comments. We chose to partner with Standard Chartered because of their excellence in sustainable and emerging markets finance so we’re delighted to see them receive further recognition for their leadership. We’re proud to be on this journey with them. By referencing Shoal’s customers’ savings against Standard Chartered’s sustainable finance portfolio, we’ll enable our customers to earn up to 4.85% AER while helping support sustainable development globally. The portfolio Shoal savers helps to support includes a range of green and social projects such as the construction of the first high-speed electric rail in Egypt and providing education opportunities for marginalised students in India. You can find out more about Standard Chartered’s Sustainable Finance portfolio and what you could help support by saving through Shoal by following the link in the comments below. 

  • View organization page for Shoal, graphic

    1,067 followers

    Curious about Shoal’s story? Tom Mason and Joan Medland from Shoal recently joined the Banking to Go podcast by Algbra Labs to share the journey that shaped it.

    View organization page for Algbra Labs, graphic

    220 followers

    We are excited today to launch our Banking-To-Go podcast series by Algbra Labs, your weekly take-away insights from the world of financial technology, banking and beyond, served by today’s industry leaders. Our first episode is with Joan Medland and Tom Mason, Co-Founders of Shoal, a sustainable savings platform incubated out of SC Ventures by Standard Chartered and which partners with Standard Chartered Bank. In this episode we delve deep with Joan and Tom as to how ethical products and platforms can be successfully taken to market as well as discussing some of the challenges of innovating in a large corporate environment. Watch and listen to the full episode below: Youtube: https://lnkd.in/dBbwRctc Spotify: https://lnkd.in/drV3SNBR Apple Podcasts: https://lnkd.in/dxNETsEg #Algbra #BankingToGo #Podcast #Banking #Fintech

  • View organization page for Shoal, graphic

    1,067 followers

    View organization page for Algbra, graphic

    9,246 followers

    People often ask: 𝘄𝗵𝗮𝘁 𝗱𝗼 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝗮 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗯𝗮𝗻𝗸? The immediate answer is usually 𝙘𝙤𝙧𝙚 𝙗𝙖𝙣𝙠𝙞𝙣𝙜, but this is like having a car engine without the body of the car. In order to function, you also need to orchestrate other necessary components of a digital bank, which traditionally come via third party vendors. 𝗘𝘃𝗲𝗿𝘆 𝗯𝗮𝗻𝗸 𝗵𝗮𝘀 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 the pain of managing too many third-party vendors, far too often resulting in: higher costs, increased risks, slower implementation and progress. 𝗠𝗼𝘀𝘁 𝗼𝗳 𝘄𝗵𝗶𝗰𝗵 𝗰𝗼𝗺𝗲𝘀 𝗳𝗿𝗼𝗺 𝗯𝘂𝗿𝗲𝗮𝘂𝗰𝗿𝗮𝗰𝘆 𝗿𝗮𝘁𝗵𝗲𝗿 𝘁𝗵𝗮𝗻 𝘁𝗵𝗲 𝗮𝗰𝘁𝘂𝗮𝗹 𝗲𝗳𝗳𝗼𝗿𝘁 𝗼𝗳 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆. Our holistic stack at Algbra Labs - ReactorMesh, FusionEngine, Fabrik - ensures the best-in-class technology without the challenges and risks of traditional multi-vendor friction, whilst our platform seamlessly integrates and manages critical local vendors required for regulatory compliance. 𝗢𝗻𝗲 𝗽𝗼𝗶𝗻𝘁 𝗼𝗳 𝗰𝗼𝗻𝘁𝗮𝗰𝘁. 𝗢𝗻𝗲 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘆. 𝗢𝗻𝗲 𝗔𝗹𝗴𝗯𝗿𝗮 𝗟𝗮𝗯𝘀. www.algbralabs.com #AlgbraLabs #DigitalBank #CoreBanking #FaaS

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