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Fils launches as digital ESG infrastructure for payments sector

  • Fils, a new venture by MFTA chairman Nameer Khan, is launching ahead of COP28.
  • With offices in Dubai and London, Fils is an infrastructure layer for payment companies, focusing on tracking and offsetting environmental impact through carbon credits.
  • The B2B2C platform, embedded via API connectivity, consolidates buyers, capital, and high-integrity carbon credit suppliers across various sectors.
  • Fils criticizes companies for neglecting climate actions in their core operations, despite increasing demands for transparency and stronger corporate governance.
  • MFTA chairman Khan, also the CEO, positions Fils as a catalyst for ESG enforcement, aiming to combat greenwashing and inspire greater accountability.
  • Fils’ launch aligns with COP28, a UN climate conference in Dubai, highlighting its commitment to addressing environmental concerns amid global policymakers and leaders.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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