What does this trend, or rather a new societal norm, have to do with fintech companies? In what ways can they help, and what actions do they already take to improve our world? This article aims to answer these questions for emerging and already established fintech companies, as well as for their clients.
Fintech companies and corporate social responsibility
Fintech companies can advance social causes in several unique ways: from bringing financial services to people who have not had access to them to promoting financial literacy. Here are some of the most pressing issues fintech companies are already addressing:
Other charitable activities major fintech companies are involved in include environmental projects, such as HSBCs efforts to help preserve Taipeis Guandu Nature Park in Taiwan, emergency aid and various initiatives corresponding to the UNs Sustainable Development Goals.
What can just one fintech company do to advance social causes worldwide?
Lets take one fintech company to illustrate the CSR approach in fintech and its impact. In 2022, the international Forex broker OctaFX directed its efforts at helping local communities overcome global challenges. Heres what it managed to accomplish:
In total, OctaFX helped more than 6000 people across multiple countries, including India, Indonesia, Malaysia, Mexico, Nigeria, and Pakistan. Some of the most impressive projects included the following:
The current CSR trend in the fintech industry is set to expand, while both stakeholders and employees expect their values to align with those of their companies. As more companies start to actively participate in socially beneficial projects, we become yet closer to a more sustainable, educated, and healthy future for the world.
Hashtag: #OctaFX
The issuer is solely responsible for the content of this announcement.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities and small to medium enterprises.
On a side note, OctaFX has also won 60 awards since its foundation, including the Best Online Broker Global 2022 award from World Business Outlook and the Best Global Broker Asia 2022 award from International Business Magazine.
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