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Plastic Bank logo — Gathering to end poverty.

Plastic Bank

Gathering to end poverty.

Founded 2013 Canada Canada 172 employees Private Equity Manufacturing, Sustainability +1

General Information

Company Name Plastic Bank
Founded Year 2013
Location Canada Canada +1
Employees 172
Industries Manufacturing, Sustainability, Waste Solution
Funding Stage Private Equity
Social

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About Plastic Bank

Plastic Bank, with the slogan "Gathering to end poverty," is a social fintech startup that operates a global bottle deposit program aimed at reducing poverty and combating plastic pollution. The company's model involves members of the community exchanging plastic for money and social benefits through a blockchain-secured platform, ensuring traceable collection, secured income, and verified reporting. Additionally, Plastic Bank offers an impact subscription that allows individuals and businesses to support communities and reduce their environmental footprint. Moreover, subscribers gain access to tools to share impact, invite customers to participate, and facilitate growth. The collected bottles are then returned as recycled feedstock to the circular economy. Founded in 2013, Plastic Bank is headquartered in Canada and operates in several countries, including the Philippines, Indonesia, Brazil, Egypt, Thailand, and Cameroon. The company's trademarks include PlasticBank® and Social Plastic®. Notably, Plastic Bank secured a Private Equity Round investment at 08 June 2023 from Ethos Asset Management, indicating continued investor interest in the company's innovative approach to addressing social and environmental challenges. To learn more about Plastic Bank, visit plasticbank.com.

Taxonomy: plastic recycling, ocean plastic, poverty alleviation, blockchain technology, waste management, environmental conservation, income generation, community empowerment, traceability, reusable products, packaging solutions, innovation, sustainable development

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round •••••• 1 •••• •••• 08 Jun 2023

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Plastic Bank vs
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FAQ About Plastic Bank

Gathering to end poverty.
Plastic Bank was founded in 2013.
Plastic Bank is headquartered in Canada.
Plastic Bank operates in the following industries: Manufacturing, Sustainability, Waste Solution.
Plastic Bank has approximately 172 employees.
Plastic Bank has completed 1 funding round. The latest funding stage is Private Equity.
Top alternatives and competitors to Plastic Bank include Impact Hero, CleanHub, Paterson Energy, Solgaard Design Inc., Universal Plastic®. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Plastic Bank and Impact Hero are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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