Spark

Spark

Software Development

The price comparison platform for ethical, sustainable and faith-based products and services.

About us

Fact: 60% of consumers report distrust in companies' ethical claims, fearing they may be misleading, deceptive or greenwashing. 3.9 million Muslims in the UK struggle to find faith-compliant financial products in one place. 58% of investors find that their current financial products do not fully align with their personal values despite the companies' claims. Adding to that, 30% of consumers have stopped opting for brands or products due to sustainability-related concerns. Spark is here to change that. We're building the UK's first comprehensive marketplace for ethical, sustainable, and faith-aligned financial products and services. Our mission is to make values-driven financial products accessible to all, regardless of faith or beliefs. By partnering with providers committed to positive social impact, we empower consumers to align their money with their morals. No more inadvertently funding harmful industries. Just transparent, purpose-driven financial choices. Ethical choices, sparked by you..

Industry
Software Development
Company size
2-10 employees
Headquarters
London
Type
Privately Held
Founded
2024
Specialties
Mortgages, Insurance, Utilities, Current Accounts, Savings Accounts, and Investments

Locations

Employees at Spark

Updates

  • View organization page for Spark, graphic

    143 followers

    Faith-based finance encompasses financial products and services that align with religious principles, such as interest-free banking and ethical investment funds that avoid certain industries. This approach is increasingly popular as individuals seek to manage their finances in a way that reflects their values and beliefs. Key examples include profit-sharing models and investment strategies that comply with religious guidelines. #finances #services #industries #financial #financialgoals

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  • View organization page for Spark, graphic

    143 followers

    🌍 Exciting news! Spark will be attending The Times Earth Summit 2024, a pivotal event focusing on sustainable solutions and green policies. 💡 At Spark, we're committed to making ethical and sustainable choices easier for consumers. Our platform partners with businesses and utility providers who are fully renewable, offering transparency and accessibility in sustainable financial products and services. 🏛️ The summit will cover crucial topics including: ✅ Government policy and the green agenda ✅ Clean power goals for 2030 ✅ Sustainable finance and net zero goals ✅ Water pollution and environmental initiatives 💼 We're particularly excited about the panel on Sustainable Finance, discussing how the new government plans to finance net zero goals and boost the green economy. This aligns perfectly with our mission at Spark to facilitate ethical financial choices and support sustainable businesses. 🤝 By attending this summit, we aim to strengthen our partnerships with sustainable businesses and bring more eco-friendly options to consumers. #TimesEarthSummit2024 #SustainableFinance #EthicalBanking #RenewableEnergy #SparkChange #GreenEconomy #NetZero

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  • View organization page for Spark, graphic

    143 followers

    🌏 Now, more than ever, our financial choices echo across the globe. ⚠️ But here's the stark reality: without realising it, we might be inadvertently fuelling industries that conflict with our core beliefs through the businesses we spend with. From weapons manufacturing to environmental destruction, our money could be working against us. ☮️ In this interconnected world, we have a responsibility. A responsibility to make ethical choices that ripple positively across communities and continents. But let's face it – finding trustworthy, ethical businesses for our money has been like searching for a needle in a haystack. Until now.. Introducing Spark ✨ We're not just another price comparison platform. We're a revolution in conscious spending, bringing you ethical, sustainable, and faith-based financial products and services at your fingertips. 🫱🏽🫲🏻 Your money has power. Let's make it count for good. 📣 Join our waitlist now at www.sparkethical.com and spread the message to be part of the movement that's empowering your finances for a better world. #EthicalFinance #SustainableMoney #FinancialRevolution #SparkChange

  • View organization page for Spark, graphic

    143 followers

    📊 Price Comparison Sites: The New Norm in Insurance? Recent news from Reuters highlights a significant shift in the UK insurance market: • Direct Line, a major insurer, is launching on price comparison websites for the first time. • Price comparison sites now account for 90% of new insurance business, up from 80% five years ago. • This move is part of a strategy to win new business in a competitive market. • Direct Line's new CEO, Adam Winslow, stated: "To grow, winning on price comparison websites is critical". At Spark, we're not surprised. This trend confirms what we've always believed: consumers want choice, transparency, and the ability to easily compare options. But we're taking it a step further. While traditional comparison sites focus solely on price, Spark is building a platform that allows you to compare ethical, sustainable, and faith-based financial products. Because we know you care about where your money goes and the impact it has. 🌱 With Spark, you'll be able to: • Compare products based on ethical criteria, not just price • Access a curated selection of sustainable and faith-based options • Make informed decisions that align with your values Ready to align your finances with your values? Join the Spark waitlist at www.sparkethical.com #EthicalFinance #PriceComparison #SustainableInvesting #FinancialInnovation #Spark

    Spark

    Spark

    sparkethical.com

  • View organization page for Spark, graphic

    143 followers

    🎙️ Wasim Miah participated in the Islamic Finance News UK Forum 2024, Europe's largest and longest running Islamic finance conference this week, supported by TheCityUK and City of London Corporation, joining a stellar panel on 'Fit for Purpose: Islamic Financial Services - Technology, Products, Risk Management, and Innovation'. 👏 Sincere thanks to Vineeta Tan for her expert moderation, and to the esteemed co-panelists Arshadur Rahman, Senior Manager, Bank of England, Basel Al-Hussien, Senior Manager of Advisory, International Islamic Trade Finance Corporation (ITFC), Lawrence Oliver, Executive Director & Deputy CEO, DDCAP Group™, Dr Samir Alamad (PhD, CSAA, PgCert APHE, FHEA), Chief Adviser Islamic Banking and Finance, Ihsan Islamic Finance Solutions LTD - IIFS, and Sultan Choudhury OBE, Advisory Board Member, Islamic Finance Council UK (UKIFC) for their insightful contributions. 💡The discussion delved into how Islamic banking can deliver tangible benefits to British consumers and the potential for mass market adoption of Islamic finance products. A key focus was on how technology, particularly fintech innovations and AI, can drive growth in the UK Islamic banking market. This dialogue reinforces the belief in Spark's mission. As a fintech comparison platform for ethical, sustainable, and faith-based financial products, we're positioned to address many of the challenges discussed: ✅ Increasing visibility and accessibility of faith-based finance products ✅ Educating consumers about ethical finance options ✅ Bridging the gap between traditional Islamic banks and innovative fintechs 🚀 By making it easier for consumers to find, compare, and choose ethical financial products, Spark aims to help Islamic finance reach true mass market status in the UK. We're not just serving the Muslim community, but appealing to all consumers interested in aligning their finances with their values. 🌱 The forum highlighted the immense potential for growth and innovation in UK Islamic finance. We're more excited than ever about Spark's role in this evolving landscape, and our potential to deliver tangible benefits to British consumers seeking ethical financial solutions 𝐫𝐞𝐠𝐚𝐫𝐝𝐥𝐞𝐬𝐬 𝐨𝐟 𝐭𝐡𝐞𝐢𝐫 𝐟𝐚𝐢𝐭𝐡 𝐨𝐫 𝐛𝐞𝐥𝐢𝐞𝐟𝐬. 🤝 Looking forward to continuing these important conversations and turning insights into action. #IslamicFinance #EthicalFinance #SustainableFinance #FinancialInclusion #FinancialServices #UKFintech #Fintech #EthicalBanking #Spark

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