Science Card introduces new debit card offering to help accelerate UK scientific discovery
Science Card, a London-based banking services start-up, has launched in the UK to raise awareness of university research and alleviate researchers’ funding challenges.
Science Card launches to “bridge the gap between science and financial services”
The start-up is introducing its free Science Card e-account, featuring a Mastercard-powered debit card issued by Finnish firm Enfuce, an app for financial management, and support for both domestic and international payments, along with instant transfers between Science Card users.
While accounts are currently in GBP, the company says on its website that USD and EUR options are forthcoming.
With a Science Card account, customers can support UK university projects by automatically rounding up each card payment to fund research in their chosen fields.
Additionally, the company pledges to allocate 10% of its profits directly to these selected research projects.
Customers can currently choose to back ongoing projects focused on dementia, cervical cancer, and kidney transplants being conducted at Kingston University, King’s College London, University College London, and Newcastle University.
“Our mission is to bridge the gap between science and financial services, empowering people to shape our sustainable future … all by just going about their everyday spending”, states the founder of Science Card, Daniel Baeriswyl, PhD.
Professor Bashir M. Al-Hashimi CBE FREng FRS, VP of Research and Innovation at King’s College London, says the funding provided by Science Card will help support “technological advances in areas including aerospace, medical imaging and environmental monitoring”.
