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Angel L. Jan 31, 2024
Events
Last active in the past 7 days
Last active in the past 7 days
Fintech Islands in Barbados was one of the best conferences I have attended. It was more than a conference; it was an experience.

We should put together a FinTech Connector delegation from around the world to support the fintech ecosystem in the Caribbean diaspora next year.

I want to give a shout-out to some of the members and entrepreneurs that I met in Barbados - Keeghan Patrick Pascale Elie Warren Kellman Jarryon Paul

We need to grow our network in this region but more importantly help the entrepreneurs building innovation in the Caribbean. I ask our members to invite their network of entrepreneurs in this region to join us.

Now, here are my top 10 takeaways from Fintech Islands:

1) The Caribbean is a hotbed for innovation
2) Banks are looking for ways to stay competitive with digital offerings
3) Financial education for the unbanked and underbanked is important
4) Digital-first / neo-banking solutions are on the rise
5) Getting more underbanked people to use digital-first services
6) Regulators need to provide guardrails but be open to innovation
7) Large international tech companies understand the opportunity
8) Lots of innovative tech talent ready to spread outside of the region
9) Banking in the Caribbean is more of an evolution than a revolution
10) Fintech entrepreneurs need human and investor capital to build

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  5 comments
Jarryon P. Apr 2, 2024 -10:56AM 100% Agreed Angel. The Opportunity is Regional and Continental for Caribbean Fintech.
Angel L. Feb 1, 2024 -12:43PM Anthony De Gale I believe the Caribbean is a unique situation. Yes, Barbados, along with countries like the Bahamas, Grand Cayman, and the Dominican Republic, to name a few, have a more established fintech scene - which I guess makes them leaders.

However, the situation is that as a stand-alone country, each one is small in comparison to, let's say Mexico or the US, so they are not very impactful. Also, since each country is pretty much trying to establish its own identity, it can become a bit competitive. I believe that as a unified region, they can be much more impactful for their own country and as a fintech and innovation player in the wider ecosystem. My 2 cents!

Thoughts Jarryon Paul Keeghan Patrick Pascale Elie Warren Kellman
Anthony D. Feb 1, 2024 -10:19AM Thanks for sharing Angel Lorente. I assume from the event that Barbados is a leader in the Caribbean's Fintech landscape. Who else could be considered a leader or conversely, a laggard?
Angel L. Feb 1, 2024 - 7:51AM Thanks Samuel Sutcliffe
Samuel S. Feb 1, 2024 - 7:36AM Looks awesome! Glad it was a great trip & conference for you Angel Lorente

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