The Caribbean is witnessing a financial technology (fintech) revolution driven by a diverse array of start-ups, regulatory shifts, and international partnerships.
That is the assessment of Allison Hunte, co-founder and chief executive officer of Fintech Islands.
Fintech Islands is returning to Barbados from January 22 to 24 with the third edition of Fintech Islands Experience (FiX25), to be held at the Sam Lord’s Castle Wyndham Grand Barbados Resort.
Ms Hunte says since launching FiX, there has been evidence of increased interest in advancing the fintech industry.
She adds that several regional heads of government, cabinet ministers, and central bankers, as well as international fintech CEOs and developers, are already confirmed to speak at FiX25.
She says with attendees and speakers from around the world, including Europe, North America, South America, Africa, Asia, and the Middle East, FiX is helping to showcase the Caribbean as a centre for financial innovation.
Ms Hunte referenced a report prepared by the Inter-American Development Bank and Finnovista, which stated that the number of active fintech companies operating in Latin America and the Caribbean increased by 340 per cent between 2017 and 2023.
With the number of companies growing from 703 in 18 countries to 3,069 in 26 countries, her view is that the Caribbean is undoubtedly poised for further growth in fintech services.
Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=6717fc6f953741d88dc703d1dca21675&url=https%3A%2F%2Fradiojamaicanewsonline.com%2Fbusiness%2Fcaribbean-fintech-revolution-gains-momentum-as-start-ups-and-partnerships-drive-industry-growth&c=5137777305958166790&mkt=en-us
Author :
Publish date : 2024-10-22 08:25:00
Copyright for syndicated content belongs to the linked Source.