St. Pete bank acquires fintech platform

Climate First Bancorp, the holding company for St. Petersburg-based Climate First Bank, has acquired Ecountabl, a fintech company whose services the bank will integrate into OneEthos, its own tech platform.

According to a news release, Ecountabl is a startup that came up with a way to index environmental, social and governance performance for more than 10,000 companies, allowing customers to track how brands from which they buy align with their personal values. Climate First Bank will use that data to improve the effectiveness of OneEthos, which has helped the bank reach more than $200 million in assets and exceed $140 million in loans in the first 12 months of operation.