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Fils and AFS team to boost sustainable digitalisation in MENA

By Delisha Fernandes

May 14, 2024

  • AFS. Arab Financial Services
  • Digital Payments
  • Fils
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AFS, Arab Financial ServicesFils, the UAE-based enterprise-grade digital infrastructure provider, has partnered with Arab Financial Services (AFS), the digital payment solutions provider and FinTech enabler.

The collaboration marks a significant step towards fostering sustainable practices and driving climate action across industries in the region. Leveraging Fils’s FinTech technology and AFS’s expertise and regional leadership position in digital payments, the partnership will be vital in helping integrate sustainability seamlessly into businesses’ operations, customer journeys, and financial transactions.

Samer Soliman, CEO of AFS, said, “We are proud to join forces with Fils in a strategic partnership to drive sustainable solutions within the digital payments landscape. This collaboration directly supports our ESG strategic goals by accelerating their implementation. As a leading digital payments provider, we embrace the responsibility to drive sustainability not only for ourselves but also empower our partners and clients to achieve their own environmental ambitions.”

Fils’ partnership with AFS enables a significant proportion of banks, financial institutions, and organisations in the MEA to track and mitigate their emissions, aiding the global transition to a low-carbon economy.

Nameer Khan, CEO of Fils, said, “We are thrilled to embark on this strategic partnership with Arab Financial Services. By combining our advanced digital infrastructure with AFS’s leadership in electronic payments outsourcing, we have a unique opportunity to drive positive change across industries in the MENA region. Our shared commitment to sustainability and climate action will not only transform business operations but also redefine the landscape of responsible finance in the region and beyond.”

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