"
"
Fair is on a mission to make financial independence and happiness available to everyone. It’s a community founded by people like you who believe that caring for your loved ones comes before taking advantage of you.
Mr. Khalid Parekh is the founder and CEO of AMSYS Group, a $350MM Enterprise Value worldwide firm that has been in operation for 18 years and operates in the technology, capital, healthcare, blockchain, energy, and engineering/construction sectors. One of the guiding concepts of AMSYS is to assist people in their journey to prosperity. This is where Fair enters the picture.
Khalid Parekh, founder and CEO, says as an immigrant entrepreneur he saw how the opportunity gap limits advancement. He started Fair to provide ethical and transparent finance to improve lives and provide opportunities.
“There is definitely a need for a pro-consumer, ethical financial company,” Khalid says. “We want to create financial independence, and teach our customers financial literacy — in their own language.”
When he couldn’t find a financial institution that matched his ideals, Khalid founded Fair. Fair pays Khalid no remuneration since he regards it as a mission. The goal is to provide a financial platform for people of different races, religions, and origins.
“It all starts with a passion, with a cause,” he says. In order to accomplish this, 2.5 percent of all Fair revenues will be contributed to the UN Refugee Agency.
Fair empowers customers to manage their finances using neobanking features like high-yield savings, no-fee international money transfers, and debit cards for children. This enables people to focus on what is important—their loved ones, whether they are nearby or far away.
Fair prioritizes your financial requirements over their commercial profits. A Fair membership enables you to achieve financial freedom by combining ethical neobanking and financial services on a single platform.
A Fair membership entitles you to unrestricted access to all Fair neobanking and financial services on a single platform. Fair lets you reclaim power so you may focus on what is most important to you.
Last year, Fair reached out to World Relief, the nonprofit humanitarian organization working to resettle tens of thousands of Afghan refugees into U.S. communities.
“Fair has partnered with World Relief and other agencies to not only teach these refugees financial literacy about how to do banking in America, [but also] Fair is giving them free bank accounts,” Parekh said.
Amsys Foundation also donated smartphones, including the first month of wireless service, to refugees that open a Fair account because they needed the technology necessary to access their accounts.
Fair is halal certified by AAOIFI – Accounting and Auditing Organization for Islamic Financial Institutions. Learn more at bankwithfair.com
