Fintech app powers the circular economy
UK-based fintech company Twig has launched a free banking app that allows users to trade their things for instant cash. By doing so, the company aims to contribute to the circular economy and ensure that items don’t make it to landfill.
The process is fairly simple. All customers need to do is install the app and upload their unwanted possessions. Twig’s AI-powered algorithm then proceeds to calculate how much the things are worth. As soon as users accept the offer, they can cash out their items. The process aims to reduce the uncertainty, waiting, and irritation that is normally associated with selling unwanted items.
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