A USD 100 million digital green banking fintech providing asset and micro-finance to climate mitigation Micro-, Small and Medium-sized Enterprises (MSMEs), facilitating both debt and carbon transactions with a presale of carbon credits to buy down interest rates. Initial targets are Kenya, and Uganda, with expansion plans to neighboring markets. 

African MSMEs face significant barriers to accessing climate finance. These businesses are often excluded from traditional financial systems due to limited credit histories, high transaction costs, and the lack of affordable financing options. As a result, they struggle to obtain the necessary funds for initiatives that reduce emissions, preventing them from contributing to sustainable development and achieving climate goals. Existing financial systems do not provide accessible, scalable solutions that directly link emissions reduction to these businesses’ financing.

Carbon Neobank provides accessible climate finance to African MSMEs through tailored financial products that support investments in renewable energy, sustainable technologies, and carbon-reducing practices. Additionally, MSMEs can generate and monetize carbon credits, creating an additional revenue stream. The model is further strengthened by de-risking mechanisms, including co-lending partnerships with banks and concessional finance from development finance institutions, ensuring competitive rates and attracting private investment.

According to Melanin Kapital, the Carbon Neobank model drives economic growth by providing affordable climate finance to MSMEs. The initiative aims to finance USD 1 million of such enterprises, particularly in the e-motorcycle, renewable energy, and sustainable agriculture sectors. Environmentally, it targets the reduction of 10 million tons of CO₂ by 2050. With a USD 40 million pipeline supporting USD 100 million in disbursements and carbon transactions, the bank aims to reach 20 million people across African by 2030. Real-time carbon verification ensures transparency, attracting investment and scaling climate impact.