• Kadmos partners with The Mission to Seafarers to offer new WeCare course
• The WeCare Financial Wellbeing seminar aims to educate seafarers on financial wellbeing
• The course will be delivered through online and face-to-face modes across WeCare clients and members of its Family Support Network in the Philippines

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Fintech company, Kadmos, has partnered with The Mission to Seafarers to offer a new WeCare course, which will contribute to the financial wellbeing of seafarers and help them achieve financial stability and security.

The Financial Wellbeing course was launched through United Marine Training Centre in the Philippines on Tuesday, 7 March 2023. Twelve trainers qualified to deliver the 3-hour course, covering three core topics:

• Money and its impact on wellbeing
• Investing in financial wellbeing
• Managing money well
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The WeCare program addresses key contributors to poor mental health and explores methods to maintain wellbeing among seafarers. Two flagship courses were developed; Social Wellbeing and Financial Wellbeing. In response to the added pressures on seafarers at the height of the Covid-19 pandemic, the program evolved from classroom training into an eLearning package, making it more easily accessible.

In 2023, The Mission to Seafarers aims to deliver the new Financial Wellbeing course through online and face-to-face delivery modes across its portfolio of WeCare clients and to members of its Family Support Network in the Philippines. 

Thomas O'Hare, Programme Manager at The Mission to Seafarers, commented: 

“The Mission to Seafarers is pleased to have Kadmos supporting our WeCare program. We've all experienced the impact money can have on our lives, whether it is the excitement of a first pay cheque or the anxiety of an overdraft. Financial Wellbeing is about taking control of our money and not letting it control us. The course gives us choices in how we manage our finances and reassures learners that what they have experienced is normal. Kadmos brings a wealth of knowledge to this important topic and will enable more seafarers and their families to maintain their financial wellbeing.”

Sasha Makarovych, co-founder at Kadmos, added: “We are delighted to support the WeCare Financial Wellbeing Seminar. Seafarers play a vital role in the global economy, and we believe that it is our responsibility to support their wellbeing in every way possible. By sponsoring this seminar, we hope to empower seafarers with the knowledge and skills they need to make informed financial decisions and secure their financial future.”

About Mission for Seafarers

The Mission to Seafarers provides help and support to the 1.89 million men and women who face danger every day to keep our global economy afloat. The Mission works in over 200 ports in 50 countries caring for seafarers of all ranks, nationalities and beliefs. Through its global network of chaplains, staff and volunteers, the Mission offers practical, emotional and spiritual support to seafarers through ship visits, drop-in seafarers' centers and a range of welfare and emergency support services.

About Kadmos

Kadmos is a Berlin-based Fintech on a mission to revolutionize the way that seafarers are paid. In an industry dominated by opaque mark-ups, kickbacks, and literal bags of cash, Kadmos wants to reduce administration and accounting costs associated with paying crews. At the same time, it's committed to providing more control over finances through a free e-wallet that enables money transfers with marketing-leading FX rates and a global debit card. Read more about Kadmos, the team, and the founding story.

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