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Get to Know Africa > Private: Blog > Africa > MVola achieves milestone: 1st Indian Ocean FinTech to achieve B Corp Certification
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MVola achieves milestone: 1st Indian Ocean FinTech to achieve B Corp Certification

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Last updated: 2023/07/07 at 4:28 PM
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MVola achieves milestone: 1st Indian Ocean FinTech to attain B Corp Certification
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Contents
Solidifying Dedication to Monetary InclusionRecognizing Excellence in Social and Environmental EfficiencyDriving Equitable Entry to Monetary Companies

MVola, the pioneering FinTech firm in Madagascar, proudly proclaims its worldwide B Corp certification, making it the primary firm within the Indian Ocean area and the second FinTech firm in Africa to realize this prestigious recognition.

Solidifying Dedication to Monetary Inclusion

This certification displays MVola’s unwavering dedication, which dates again to 2010, to offering reasonably priced and high-quality monetary companies whereas making a constructive influence on society and the setting.

Louis-Olivier Favot, CEO of MVola, emphasizes, “This B Corp certification reinforces MVola’s dedication to offering high quality monetary companies to all the Malagasy inhabitants. We’re very proud to work daily in direction of attaining extra inclusive finance that meets the very best worldwide requirements, whereas persevering with to prioritize social, societal, and environmental influence on the core of our enterprise mannequin.”

Recognizing Excellence in Social and Environmental Efficiency

The B Corp certification, awarded by B Lab, an unbiased worldwide group, rigorously evaluates firms primarily based on strict standards, serving as a world benchmark for firms devoted to creating a distinction.

As the one certification that comprehensively assesses an organization’s social and environmental efficiency throughout all dimensions, B Corp evaluates firms primarily based on the 5 pillars of the B Impression Evaluation software, together with governance, neighborhood, workers, and the setting.

Micael Noguero, B Lab’s consultant within the Indian Ocean area, affirms, “MVola’s certification represents a major milestone for the event of the Indian Ocean area. Having monetary companies that obtain the very best stage of social and environmental duty reassures us that the expansion of this financial engine will profit everybody.”

Driving Equitable Entry to Monetary Companies

MVola has efficiently met the rigorous necessities and distinguished itself via sustainable and accountable enterprise practices. This certification additional strengthens MVola’s mission to make sure equitable entry to important monetary companies for all people in Madagascar.

With its B Corp certification, MVola units a exceptional instance within the area, inspiring different firms to prioritize social influence, environmental sustainability, and monetary inclusion.

 

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Get to Know Africa July 7, 2023
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