e&, Fils Partner for Sustainable FinTech

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by KnowESG
KnowESG_e&, Fils Partner for Sustainable FinTech
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Payments company e& enterprise has joined forces with Fintech startup Fils for a new partnership. Their goal is to bring a fresh perspective to digital payments by combining finance with environmental sustainability.

This collaboration is a big step for e& enterprise in its ongoing effort to lead the way in digital transformation both locally and globally. They want to make sure that every digital transaction comes with an eco-friendly touch.

Fils’ smart platform will seamlessly blend with e& enterprise’s existing Digital Payment Platform through an Application Programming Interface (API). The aim is to help businesses share information about carbon emissions for each transaction. Customers will also get the chance to offset their carbon footprint using reliable methods.

The partnership is not just about tech integration; it is about making a difference. They plan to introduce tools like emissions calculators and offsetting mechanisms, making it easier for businesses to make environmentally friendly choices.

Alberto Araque, CEO of e& enterprise IoT & AI, said this collaboration goes beyond being just a partnership. It is about changing how businesses and consumers deal with digital transactions, with a focus on being environmentally responsible at every step.

This initiative lines up with COP28's environmental mission, showing that e& enterprise is committed to green business practices. By balancing profits with sustainability, this partnership aims to benefit not only the financial world but the wider community.

Known for their tech expertise, Fils is a perfect match for e& enterprise's commitment to environmental, social, and corporate governance (ESG) principles. Together, they plan to reshape industries like finance, hospitality, and e-commerce, bringing sustainability to the forefront.

Nameer Khan, CEO and Founder of Fils says this partnership sets the standard for integrating sustainability into financial transactions. It allows businesses and consumers to have a real impact on the environment. This marks a shift where making a profit and caring for the environment go hand in hand.

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Source: Data Centre News

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