Zvilo, the forward-financing and banking fintech, announces a set of ambitious environmental, social and governance (ESG) targets and strict reporting measures based on the UN’s Sustainable Development Goals (SDGs) — a commitment part of its mission to become the first sustainable digital financial service provider in the Balkans and beyond.
The climate crisis is already here – and, although it should be at the forefront of everyone’s mind, it is not a universal issue; in terms of its cause or effects. Unfortunately, many of the people who had the least to do with creating it will be the same communities experiencing the most pernicious of its impacts.
Banking is undergoing another transformation, with people switching from high street banks to digital-first platforms — cue the rise of fintechs and challenger banks. Consumers no longer want to tolerate transfer delays, fees, and in-store visits, and, with so much innovative competition, they no longer have to.
Banking, at its core, is a simple concept; however, today, it is a technological marvel. From business banking to consumer fintechs, it is awash in innovation. Artificial intelligence (AI), or its programmed and non-autonomous cousin, machine learning, are areas of particular promise.
Zvilo, the digital platform unlocking working capital in the Balkans, has signed a Memorandum of Understanding (MoU) with Mastercard, signifying a strong collaboration and ongoing partnership.
With banks driving digital for the past two years, 2022 is set to be the year of sustainability. Given the shift in public awareness towards climate change and ESG initiatives, it's becoming more important for consumers to support companies they view as proactive in combating environmental and societal issues.
New facility terms secured as Zvilo prepares to scale its SME supplier lending in the Balkans.
The world is now coming to terms with hugely disrupted supply chains, with new and increasing fears of just how fragile and wasteful the global manufacturing and distribution networks are.
At the end of 2020, international analyst house Gartner found that some 23% of organisations rely on supplier finance as a means of increasing cash flow.
As the war on Ukraine continues, the events that have taken place are devastating, and we are deeply saddened. We stand in solidarity with the people of Ukraine and those impacted by the conflict.
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