Fintech Islands Experience (FiX)the only global fintech conference in the Caribbean, partners with Ghana Fintech and Payments Association (GFPA) to strengthen connections between fintech stakeholders across Africa and the Caribbean.
Details
FiX25, scheduled for 22-24 January 2025at Sam Lord’s Castle Wyndham Grand Barbados, is set to bring together a community of disruptive and innovative leaders who are redefining financial services.
With the support of GFPA, the leading fintech hub and non-profit organization established to promote the advancement of financial technologies and payment systems in Ghana, a strong African presence is expected at the event.
Because this matters
According to the World Economic Forum’s Future of Global Fintech 2024 report of 227 unique fintech companies worldwide, 57 percent operated in multiple jurisdictions, while 24 percent had a presence in multiple regions.
It also revealed that 18% of companies operate in Latin America and the Caribbean and 15% operate in Sub-Saharan Africa.
What They Say
Considering these statistics, Alison HuntCo-founder and CEO of Fintech Islands, he argued that there is even greater growth potential in the Caribbean and Africa as interest in fintech services continues to grow.
βAdvancing digital financial services through cutting-edge technology is key to unlocking new opportunities in both regions,β Hunte said, adding, βThis growth will extend beyond the fintech and financial services sectors, improving the quality of life for people previously excluded from the formal financial system..β
The CEO of Fintech Islands further stated that Africa has one of the fastest growing fintech industries in the world and there are many opportunities for the Caribbean to participate in this growth. He said, “The Caribbean is part of Africa’s sixth region and our smaller geographic size, compared to Africa, presents a strategic opportunity for fintech players on the continent. Using the Caribbean as a sandbox, they can refine and refine new technologies and services before scaling them up. The compact size of the Caribbean region offers an advantage in this regard, allowing for more focused and controlled experimentation and development.”
Magnification
Through the collaboration between Fintech Islands and GFPA, Mr Martin Kwame AwagahPresident of the GFPA and board member of the Africa FinTech Network, he will act as the FiX25 African Representative. His role will include promoting FiX25 in Africa to encourage more participants and partners from the continent. Mr Awagah, who was a featured speaker at FiX24, said the event has proven to be a rich tapestry of peer-to-peer learning, insightful discussions and invaluable networking opportunities.
“Working with industry leaders and innovators not only broadened my understanding of the challenges facing small island states, but also broadened my awareness of the latest fintech trends in the Caribbean region. The collaborative environment fostered at the event enabled meaningful exchanges beyond surface-level interactions, culminating in actionable ideas that have since influenced policy development and strategic initiatives in the fintech landscapeβ, said FiX25 African Representative.
About the Event
The third edition of FiX, dedicated to promoting a more inclusive and efficient financial system in the Caribbean and beyond, is expected to attract more than 700 participants from around the world, more than 100 speakers and more than 50 sponsors, marketing and partners media. .
The event will feature deep-dive content pieces on important fintech topics relevant to the Caribbean community, such as Digital Transformation: Inclusive Innovation in Financial Services. Smart money: Fintech at the intersection of artificial intelligence and humanity. Modernize Payments: Instant, Interoperable and Borderless. and Fintech Everywhere: Financial Technology Transforming Our World.
The three-day event will provide a platform for fintech startups and other technology businesses to connect with a broad commercial audience. It is a unique opportunity for policymakers and regulators to hear directly from industry leaders and top performers on industry needs.
In addition, the event allows organizations to exchange ideas, compare knowledge and forge business connections. Attendees can expect a mix of business-building activities, cultural experiences and networking opportunities, including island networking tours and world-class entertainment.
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