e&, Fils Partner for Sustainable FinTech

Published on:
by KnowESG
KnowESG_e&, Fils Partner for Sustainable FinTech
Image courtesy of https://www.gi-de.com/

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.

For more technology news

Source: Data Centre News

Share:
esg
esg
esg
esg

Tech Headlines

SAP Puts Sustainability at the Core with Unified Data and AI

SAP Puts Sustainability at the Core with Unified Data and AI

Singapore Launches First Charging Station for Electric Vessels

Singapore Launches First Charging Station for Electric Vessels

Sustainable Lighting Gets Smarter: Malaysia Launches ESG Light for Digital Agriculture

As AI Emissions Soar, So Do Climate Claims: Experts Remain Skeptical

World’s Largest eFuels Production Facility to Open in Texas

How Dell Is Making AI Greener with Digital Twins and Smarter Data Centres

Rogue Tech in Solar Inverters Could Threaten Power Grids, Experts Warn

Fossil Fuels Fade as Green Tech Steals the Spotlight

Active Impact Investments Raises $110M to Back Climate Tech Startups

European Capital Markets Pivot: Euronext’s ESG Rebrand Targets Defence and Infrastructure