CASHIN, a Saudi Arabia-based digital payments fintech, announced a partnership deal with Fils, the UAE-based pioneering venture aiding climate-positive transactions by companies, to push sustainability drive in the Kingdom.
“CASHIN KSA and Fils have joined forces to redefine the approach to climate action in the financial sector in Saudi Arabia,” the companies said.
CASHIN merchants to adopt Fils
The alliance will empower Saudi fintech’s extensive network of merchants across the country to integrate Fils’s enterprise-grade payments platform.
Through this collaboration, merchants will gain the ability to accurately track their environmental impact, mitigate their carbon footprint with high-quality carbon credits, and transparently report their progress.
For Fils, this partnership marks expansion of its footprint in the Saudi Arabia market, following its successful ventures with other market leaders in the region.
“Our collaboration with CASHIN KSA underscores our commitment to advancing sustainability in the financial sector and aligns perfectly with our mission to empower businesses to embed climate action into their operations,” said Nameer Khan, CEO of Fils.
Omar AlRammah, CEO of CASHIN KSA, said the partnership exemplifies the company’s dedication to sustainability and innovation.
“By integrating Fils’s cutting-edge technology into our payments infrastructure, we are advancing our commitment to environmental responsibility and paving the way for a greener financial ecosystem,” he said.