Promoting Financial Inclusion in the Caribbean

Financial Inclusion and What it Means for the Caribbean

Promoting Financial Inclusion with Shapoty Technologies

The Shapoty Ecosystem aims to bridge the gap between traditional finance and emerging financial technologies, ensuring financial inclusion across the Caribbean and beyond.

Full functionality of the Shapoty App includes the online payment gateway, wallet integration, on/off ramps, AI-driven security, and DeFi investment options.

The objective is to make payment transactions convenient, seamless and cost effective. If you know anything about the Caribbean, you know that it takes a few hours out of your day to make a transaction at the major banks or western union.

Without cash on hand, it takes a taxi ride with higher fees to the ATM, before you can go get something to eat or pay your friend back from last weekend.

Many SMEs could not receive online payments from their websites and apps until now. The Shapoty Online Gateway plugin, makes it possible to integrate with platforms like WordPress, Wix, GoDaddy, Hostinger and Host Gator and accept payments easier than ever before.

How Shapoty solves challenging problems while Encouraging Financial Inclusion

Shapoty Technologies is on a mission to bring financial inclusion to the Caribbean and its diaspora by providing Fintech payment solutions that are secure, affordable, and accessible to everyone — even those without bank accounts.

By strategically positioning Shapoty as a forward-thinking, affordable, and accessible solution for Caribbean SMEs across the region, we maintain a competitive edge. Incorporating AI into our ecosystem for machine learning and fraud protection will not only differentiate our product, but will also create significant value for your clients, improving convenience, efficiency, security, and customer engagement.

The Fintech market in the Caribbean is growing steadily, with a projected CAGR of around 15% over the next five years. By establishing payment structures where the Caribbean business community can accept clients from every walk of society, will increase sales and generate profits.

More importantly, through the digital infrastructure of the Shapoty App and Payment Ecosystem, SMEs and others will have direct access to regional and even international clients. By facilitating these seamless transactions, new markets open up for economic growth and expansion.