“Leave your bank, change the world” is the slogan of Aspiration the online financial firm that donates 10% of every dollar it earns to charities helping struggling Americans build a better life.

Andrei Cherny has advised presidents, work as a state prosecutor, founded a think tank and policy journal and written a couple of books. And, four years ago, he launched Aspiration Partners LLC.

The Fintech claim to be a new kind of financial partner that puts customers and their conscience first. Aspiration offers socially-conscious and sustainable cash management services and investment products, so their users can make money while making the world a better place.

The company has an investment management services, but they do something no one else does: their customers could choose their own fees. To be more precise, their customer pays them what they think is fair. They also guaranteed investments in sustainable companies and a portfolio that would not include fossil fuel companies or other business deemed to be less than friendly to the ecosystem.

Others products in the Aspiration portfolio are:

Spend & Save Plans

  • Aspiration (debit card): pay what is fair (even $0), free in-network ATMs, 3-5% cash back on Conscience Coalition purchases, personal impact score, option to plan a tree with every roundup.
  • Aspiration Plus (debit card): $7/month, free in-network ATMs, 10% cash back on Conscience Coalition purchases, personal impact score, option to plan a tree with every roundup, up to 1.00% APY on savings, carbon offsets for all gas purchases with Planet Protection.

Retirement

  • $10.000 minimum opening deposit
  • Tax deferred growth
  • Traditional IRA

Giving

  • 7 charitable causes
  • Vetted non-profits
  • Tax-deductible donations

Last spring the company´s announced $135 million cash infusion, lead by Aplha Edison, UBS, O’Connor Capital Solutions, DNS Capital, Radicle Impact, Sutter Rock, Jeff Skoll, Joseph Sanberg, Social Impact Finance, the Pohlad Companies, and AGO Partners.