Dubai and London | 15 February 2024: 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 teaming up with Telr to integrate its end-to-end sustainable infrastructure, enhancing the sustainability and transparency of finance and payments. By incorporating Fils’ technology, Telr will allow merchants to monitor their emissions and access voluntary carbon markets to offset their environmental impact. Merchants will also benefit from detailed reporting features that reduce greenwashing and promote investment in sustainable initiatives through Fils’ marketplace.

This new capability complements Telr’s broad range of services, which includes social commerce, QR codes, digital invoicing, Telr Buy Now Pay Later (BNPL), and Telr Finance for merchant financing.

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Nameer Khan, CEO and Founder of Fils, said: “Today’s exciting partnership with Telr will make a real impact in tackling the issues of climate change, providing access to carbon markets via our robust and transparent infrastructure. Our technology-first approach to sustainable action enables SMEs, large corporates and other organizations to seamlessly embed sustainability throughout their global operations.”

Telr, the award-winning payment gateway solutions provider based in the UAE, supports transactions in over 30 currencies and more than 120 languages. As a top payments aggregator, Telr connects businesses to various payment schemes and offers a comprehensive range of financial and business services in one place for e-commerce solutions. Through its partnership with Fils, Telr will help organizations seamlessly track and offset emissions, enhancing the sustainability of payment operations worldwide.

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Khalil Alami, Founder and CEO of Telr, said: “This partnership underscores our unwavering dedication to driving sustainable finance. By leveraging Telr’s expertise and partnering with exceptional entities like Fils, we aim to reshape transactions.” Alami added: “This effort promotes a more sustainable economy, empowering our merchants with access to emissions calculators to monitor their carbon footprint and emissions-reduction tools. These initiatives align with the ‘Net Zero by 2050’ strategy and are synchronized with COP28, highlighting our commitment to a brighter, more sustainable future.”

Fils's partnership with Telr adds to a remarkable year of notable collaborations for the fintech firm, which includes clients such as e& Enterprise, Magnati, Mashreq Bank, Flowcarbon, and AFS.

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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, organizations, and impact makers to increase the scalability of their sustainability practices.

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