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.
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.

You May Also Like

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services. Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK. Highlights: Cifas reported 444,000 fraud cases in...

Zelle and BofA Accelerate Charitable Disbursements

New partnership aims to streamline donations through Zelle's platform. Highlights: Zelle partners with Bank of America for charitable donations.New...

Upstart Applies for Bank Charter, Strengthening AI Lending Marketplace

The AI-driven lending platform seeks to expand operations with formal banking status. Highlights: Upstart has filed for a bank...