Corefy contributes to creating a fintech hub in the Caribbean

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Corefy contributes to creating a fintech hub in the Caribbean

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Den Melnykov, Corefy’s Co-founder and Chief Business Officer, is currently on a business trip to Trinidad and Tobago, the sunny island country in the Caribbean. The aim of this trip is to collaborate at all levels to transform the country into the region’s fintech hub.

The country’s government, represented by the Trinidad and Tobago Financial Centre (TTIFC), pursues several digitalisation initiatives in the financial services sector to boost fintech and build a cashless economy by 2023.

Den has already discussed cooperation opportunities and the digital transformation of government finances & the financial sector with Mr. Richard P. Young, the TTIFC Chairman, John Outridge, the agency’s CEO, Angel Stewart and Akiel Ghany, the representatives of our client & partner AnglPay.

trinidad and tobago caribbean

We’re discussing how Corefy’s technologies can help in the digital transformation of the payment infrastructure for government finances: official duties, taxes, penalty charges, etc., enabling the country to minimise the use of cash. We’re also looking for ways to provide local merchants with cutting-edge technologies and connect the infrastructures of the neighbouring countries: Jamaica, Barbados, and others.

Den Melnykov, Corefy’s Co-founder & CBO

Many companies and organisations are willing to join forces to make the transformation possible: representatives of the banking sector, American Chamber of Commerce, and others. Several meetings with the representatives of these institutions are scheduled for the coming days.

Corefy is excited and proud to be part of the initiative and contribute to establishing a new fintech hub in the Caribbean and Latin America.

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