The Power of the Karma Score: How Spending Insights can Change Your Wallet for the Better
51% of our users have increased their Karma Score after they learned about the impact of their purchases through Karma Wallet.
June 12, 2024

Does knowing about how and what you spend really make an impact on habits long term? At Karma Wallet, we’ve seen how making mindful purchases reflects positively not just on the planet but also on personal finances. We’ve captured this effect in what we call the “Karma Score,” – kind of like a credit score for sustainability.
Since introducing the Karma Score in 2021, 51% of our users have increased their scores after they connected their banking cards to their Karma Wallet accounts and learned about the impact of their purchases.
On average, users boost their Karma Scores by over 3 points, reflecting a shift towards more sustainable and ethical purchasing. Our score range shows the overall impact of your shopping, from negative, neutral to positive, pinpoint exact purchases that impact your rating.

Our co-founder and CEO, Jayant Khadilkar, emphasizes the impact of this innovation, stating, “This is a significant step forward in actualizing our vision of blending ethical practices with everyday financial choices. It symbolizes our dedication to a future where financial empowerment and sustainable living are one and the same.”