July 10, 2023 | Category: In the News/Media Releases
For uncharted FinTech waters, look no further than the Caribbean
“One market that has seen recent fintech momentum is Trinidad & Tobago, where regulatory changes, infrastructure development and strong market coordination have created a more inviting environment for innovative companies to make an impact. This has led to an influx of local companies applying for Electronic Money Issuer Licenses, which would allow them to issue payment credentials, and an acceleration in the number of SMEs that are interested in accepting electronic payments.
In addition, the TTIFC, with the support of the Ministry of Finance and sponsors like Visa, recently inaugurated One Fintech Hub, a collaboration space focused on connecting electronic payments stakeholders and enabling local and regional FinTechs to grow their businesses.” Read more