SINGAPORE, May 19, 2024
/CNW/ -- SUNRATE, an intelligent global payment and treasury
management platform today announced it has joined Mastercard
Priceless Planet Coalition in support of fighting climate change
through funding the restoration of 100 million trees. This
announcement is part of the global fintech's efforts to contribute
to a sustainable economy and improvement of the planet.
"The Priceless Planet Coalition works by uniting companies,
communities and consumers in collective, coordinated climate
action. By pooling resources, it's possible to rapidly scale forest
restoration work and environmental initiatives, while providing
forward-thinking companies like SUNRATE with pre-existing
infrastructure that easily – and cost effectively – allows them to
have a tangible impact. It is this connectivity that makes the
Priceless Planet Coalition different and more effective," said
Sandeep Malhotra, executive vice
president, Products & Innovation, Asia Pacific, Mastercard.
Mastercard founded the Priceless Planet Coalition in
January 2020 which is guided by
climate science and forest restoration experts Conservation
International (CI) and World Resources Institute (WRI). The
Coalition employs rigorous science-based best practices for the
selection, implementation and monitoring of forest restoration
efforts.
"Tackling climate change is critical to our sustainability
framework and studies have shown that reforestation is key to
combating global warming, which in turn influences climate change
positively. Therefore, we are proud to join this initiative and
work together with Mastercard and other stakeholders to protect our
planet and make our lives greener," said Darren Thang, Head of Marketing of
SUNRATE.
About SUNRATE
SUNRATE is an intelligent global payment and treasury management
platform for businesses worldwide. Since its inception in 2016,
SUNRATE is recognised as a leading solution provider and has
enabled companies to operate and scale both locally and globally in
190+ countries and regions with its cutting-edge proprietary
platform, extensive global network, and robust APIs.
With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London and Shanghai, SUNRATE partners with the top global
financial institutions, such as Citibank, Standard Chartered,
Barclays and J.P. Morgan. To learn more about SUNRATE, visit
https://www.sunrate.com/
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SOURCE Sunrate