People are now able to support UK innovations across health, climate change and tech by simply spending on their card, with the new Science Card account and Mastercard debit card.
Through its free account, Science Card customers can choose which UK university project(s) they’d like to support and automatically contribute to these projects each time they use their Science Card.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataWhen customers make a card payment, Science Card will automatically round up the amount and use it to fund research on the customer’s chosen themes or projects.
Round-ups can be multiplied from 1x to 10x and customers can vary the projects they round up into.
Current research people can choose to support includes projects focusing on kidney transplants, dementia and cervical cancer, being conducted at King’s College London, University College London, Newcastle University and Kingston University.
Science Card customers will be kept updated by academics and researchers on projects’ progress and how their contributions are helping
The UK is an international hub for research and development, yet it currently spends around 2.7% of GDP on research. This is lower when compared to countries like Germany, South Korea and the US, where research spending is up to 4.6% of GDP. As a result, the UK has an estimated £4 billion funding gap, which often leads university researchers to spend a disproportionate amount of their time sourcing funding rather than their research work.
Founder of Science Card, Daniel Baeriswyl, PhD, said: “The UK is a world leader when it comes to research and development, with huge potential to advance the areas of health, technology and combating climate change. But for too many people in these fields, their time is spent securing increasingly hard-won funding, taking them away from what matters most and creating the risk that vital research might not even be able to take place.
“At Science Card we want to overcome this. Our mission is to bridge the gap between science and financial services, empowering people to shape our sustainable future, and enabling them to drive game-changing breakthroughs and innovations in science and tech, all by just going about their everyday spending.”
