Deriv?s philanthropic venture: Driving social change through sponsorship of 4L Trophy

The 6,000 km rally over 10 days took place in February this year, starting in France and concluding in Morocco, with the aim of helping underprivileged children in Africa.

PARIS, June 22, 2023 (GLOBE NEWSWIRE) -- Deriv, one of the leading online brokers, has been actively participating in humanitarian efforts that are aligned with its core values of being reliable, fair, transparent, and responsible. Earlier this year, Deriv sponsored a team of two young professionals who successfully completed the 4L Trophy rally, an annual humanitarian car rally that raises funds for the cause of underprivileged children in Africa.

The 4L Trophy rally started in France and ended in Morocco, covering a 6,000 km journey over 10 days. It required participants to drive through challenging terrain, navigating their way through various checkpoints. A long journey for a noble cause: deliver stationery and textbooks for underprivileged children along the way.

Deriv humanitarian ride through the desert in Morocco.

The challenges of navigating unfamiliar terrain, camping in the middle of nowhere, and crossing the finish line were thrilling and rewarding, Clement David, one of the drivers sponsored by Deriv, said. But what made the experience truly special was the opportunity to make a difference in childrens lives by delivering much-needed school supplies.

Jean-Yves Sireau, founder and CEO of Deriv, said: "Deriv's participation in the 4L Trophy rally is a testament to our commitment to making a positive impact on the communities we serve. We believe in supporting causes that empower individuals and communities to thrive, and education is a critical component of that.

We believe that businesses have a responsibility to give back to society, added Sireau. Through our philanthropic efforts, we hope to inspire other organisations to do their part in making the world a better place.