Fils, a groundbreaking ESG-focused digital infrastructure fintech, has achieved another milestone in its mission to help more businesses measure and mitigate their environmental impact with a strategic partnership with Telr, the award-winning online payment gateway.
Fils is collaborating with Telr to integrate its end-to-end sustainable infrastructure to make finance and payments more sustainable and transparent. By integrating Fils technology, Telr will enable merchants to track their emissions and access voluntary carbon markets to mitigate the emissions’ harm to the environment. They will also be able to demonstrate their positive impact on the environment with robust reporting functionality, reduced greenwashing, and the encouragement of businesses to invest in sustainable initiatives through Fils’ marketplace.
The new capability adds to Telr’s existing suite of services, aiming to elevate e-commerce businesses seamlessly and efficiently with a one-stop-shop philosophy. This encompasses a variety of financial and business services, ranging from social commerce and QR codes to digital invoicing, Telr Buy Now Pay Later (BNPL), and Telr Finance—a dedicated program for merchant financing.
Telr, the UAE-based award-winning payment gateway solutions provider, facilitates transactions in over 30 currencies and supports over 120 languages. Telr as a leading payments aggregator enables businesses to connect to all payment schemes and manage financial and business services as a one-stop shop for e-commerce solutions. Telr’s collaboration with Fils will enable organisations to track and mitigate emissions seamlessly, increasing the sustainability of payment operations across the globe.
Fils’s alliance with Telr builds on an impressive year of high-profile partnerships for the fintech company, with clients such as e& Enterprise, Magnati, Mashreq Bank, Flowcarbon and AFS.
Based in Dubai and London, Fils is a groundbreaking fintech applying a technology-first approach to sustainable action. Fils has created a game-changing digital ecosystem connecting payment infrastructure, organisations, and impact makers to increase the scalability of their sustainability practices.
Source– Fils partners with Telr to drive sustainability in finance and payments – Telr
About the Authors
Associate Director, Investment Banking
Prachurjya has over 16 years of experience in investment banking with Acuity Knowledge Partners. At Acuity, he has led sector and product-specialist pilot teams across Capital Markets, ESG, Debt Advisory, Loan Syndications, Metals & Mining and Real Estate. He has been actively involved in setting up and on-boarding new ESG Advisory, ESG DCM and Sustainable Finance teams for various bulge bracket investment banks. Within DCM and Rating Advisory, he has been instrumental in helping the clients achieve over 30% in annual savings on both regular and adhoc tasks through standardization of the outputs and deployment of our proprietary BEAT tools.
Delivery Manager, Investment Banking
Puja has 6 years of extensive experience in ESG, Climate Change & Sustainability and she is supervising the ESG team at Acuity. She also has diverse experience in conducting ESIA, EHS compliance audits, ESG Risks and Controls, EHS & ESG Due Diligence assessments. Prior to joining Acuity, she was working with companies like KPMG Global Services, EY India and ERM India. She has expertise in provisioning extensive research requirements for clients through preparation of Peer Benchmarking, Target Compilation, Sustainability report, Sustainable Finance Updates and Sectoral ESG Thematic Detailing Engagement.
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