Fils launches in the Middle East to promote global ESG integration

By Delisha Fernandes

Fils, a FinTech platform, has launched to help global businesses turn intent into action when integrating sustainable values into the core of digital payments.

The new innovation paves the way for trust and safety in carbon markets, helping suppliers to deliver high-integrity carbon credits and buyers to deliver capital at the rate and scale required to rebalance the planet.

Nameer Khan, Chairman at Mena Fintech Association & Founder FILS, said, “Fils is a catalyst for the evolution of ESG enforcement and has the right team, experience and expertise to lead the market. With our robust infrastructure, it spells the end of greenwashing and clears a path towards greater accountability and implementation of actionable outcomes that can improve the sustainability of the world we live in.”

Designed as a holistic, enterprise-grade B2B2C product offering, Fils leverages the power of leading technologies for its end-to-end infrastructure to transform various industries, including financial services, hospitality, and e-commerce. This makes it easier for businesses to act on the core values of environmental, social, and corporate governance (ESG).

In a bold stride towards sustainable business practices, Fils aims to address ESG implementation challenges head-on, making it easier for businesses to play a vital role in driving a more sustainable future – one that is not only climate-neutral but also one that supports the most vulnerable in society – the financially excluded and those most impacted by global disasters.

By taking a technology-first approach to sustainable action, Fils has created a digital ecosystem connecting organisations, impact makers and consumers. It is a FinTech that enables organisations to increase the scalability of their sustainability practices and provides projects across 17 United Nations Sustainable Development Groups (UNSDGS) with the ability to receive digital payments faster, easier, more securely, and with greater transparency.