In the Caribbean, the rise of financial technology is not just a trend—it’s a beacon of hope for aligning economic prosperity with sustainable development, especially in the face of mounting climate vulnerability and food insecurity.
A recent report by the Inter-American Development Bank, IDB Invest, and Finnovista paints a vivid picture of the fintech boom in Latin America and the Caribbean, showcasing a staggering 112% growth between 2018 and 2021. This surge signifies more than just numbers— it symbolizes a transformative wave poised to uplift economies and nurture sustainability across the region.