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Business & Finance

MyFatoorah and CarbonSifr Sign Partnership to Drive Climate Action in Payments Across the Region

The Next Mena Team May 17, 2024 3 min read
MyFatoorah and CarbonSifr Sign Partnership to Drive Climate Action in Payments Across the Region

CarbonSifr, MENA’s pioneer climate tech
company and the preferred climate-tech partner of Emirates Nature-WWF, has
partnered with MyFatoorah, a pioneering fintech company known for its
cutting-edge payment solutions. This new partnership is set to embed climate
action into MyFatoorah’s payment solutions, simplifying the process for
businesses and consumers across the region to contribute to climate initiatives
with each transaction.

This collaboration will enhance consumer
awareness and provide opportunities for customers to actively reduce and remove
the carbon footprint of their transactions, whether it’s dining at a
restaurant, booking a hotel stay, or purchasing eco-friendly products. Each
transaction has the opportunity to become a step toward a more climate-friendly
future.

MyFatoorah and CarbonSifr Sign Partnership to Drive Climate Action in Payments Across the Region

Mustafa
Bosca
, Chief Decarbonization Officer at CarbonSifr,
commented on the partnership: “This initiative is a pivotal step in our mission
to make climate action consistently and easily accessible. Today, we already
convert thousands of daily transactions into actions for climate, and
MyFatoorah’s fintech, known for its top-tier security and efficiency, will help
us expand this impact further across the region, empowering even more
businesses and consumers to participate in environmental stewardship.'”

Mr.
Sait Halici
, Chief Revenue Officer at MyFatoorah,
added, “By partnering with CarbonSifr, we are integrating climate action
into our fintech solutions. It allows us to offer businesses throughout the
region the ability to seamlessly incorporate eco-friendly practices into their
payment processes, something we are both passionate and excited about.”

For both companies, this partnership marks a
significant step in utilizing financial technology to promote eco-friendly
economic practices that benefit both the planet and its people. As CarbonSifr
and MyFatoorah advance, they continue to lead in the cause of climate action,
ensuring that each transaction not only supports financial growth but also
bolsters environmental efforts.

 

  

About CarbonSifr

CarbonSifr is a
UAE-based climate-tech company. Dedicated to integrating climate action into
everyday life, they provide technology solutions to measure, reduce, and remove
businesses’ carbon footprint. Recognized for its efforts, CarbonSifr is pivotal
in promoting climate awareness and accelerating climate action in the Middle
East. CarbonSifr is the preferred climate-tech partner of Emirates Nature-WWF
and a member of the UAE Carbon Alliance and Carbon Accounting Alliance.

About MyFatoorah

Established in 2016 in
Kuwait, MyFatoorah is a pioneering fintech company committed to delivering
cutting-edge payment solutions with unwavering emphasis on security and
customer satisfaction. Positioned as a leader in simplifying digital payments
for businesses and individuals alike, MyFatoorah merges advanced technology
with a user-centric approach, reshaping the landscape of financial
transactions. With three consecutive years of recognition as one of Forbes’ top
30 Fintech companies in the GCC and maintaining a local presence through
dedicated teams across every GCC country and Egypt, MyFatoorah’s combination of
local insights and global expertise continues to define innovative payment
solutions in the MENA region.

For more information,
visit CarbonSifr.com and MyFatoorah.com.

For further information,
please contact:

Info@CarbonSifr.com

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