Fintech startup CWallet has recently participated in a business flagship event hosted by Oracle and the International Organisation of Employers (IOE) on the sidelines of the first UN International Migration Review Forum (IMRF) 2022 held in New York.
CWallet CEO and founder Michael Javier told Gulf Times Sunday that the tech company was invited offer insight into potential ways where technology could be used to assist fair labour migration.
“We’ve also pitched and showcased practical, innovative, and scalable technological solutions to facilitate skills management during the IMRF 2022 hosted by the president of the UN General Assembly,” he said.
During the event, “the IMRF assessed the progress of governments in the implementation of the Global Compact for Migration (GCM), which calls for stronger use of technology,” the IOE stated.
According to the IOE, “the event lined up a series of speakers who link the business priorities of skills mobility, responsible cross-border recruitment, and skills recognition to three of the 23 objectives of the GCM.”
It also stated that CWallet (finalist, IOE Migration Challenge 2020), along with Code to Change (winner IOE/Oracle Hackathon 2022) and WayLit (finalist, IOE Migration Challenge 2020), is among the three startups that pitched their insights at the IMRF side event held at the UN General Assembly Building in New York.
The IOE also stated that over the past years, it has promoted startups to bring innovative solutions in the area of labour migration governance, be it in providing a simple immigration process for skills mobility or facilitating skills recognition.
“In this context, IOE is collaborating with the governments of Kenya and Qatar, and the Belgian Development Agency, Enabel, to discuss the benefits of three such solutions to GCM objectives 5 and 18,” it stated.
It also stated that the IMRF side event featured “three practical, innovative, and scalable technological solutions to facilitate skills management. The highlight of the event is the bringing together of three startups with the right solutions to show that technology can ease the management of labour migration governance, in particular the skills recognitions.”
CWallet is an award-winning financial services startup that was born in Qatar and raised in the Middle East, Javier pointed out.