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Two Thirds of Fintech Use IFCs as Cross-Border Growth Tops Agenda
- A third of fintech executives prioritize access to international markets when choosing a jurisdiction.
- 28% of executives face challenges related to funding, investment, regulatory compliance, and changing policies.
- BVI Finance launches Destination Digital at Fintech on the Seas conference on Necker Island.
- A new report by BVI Finance shows that 94% of fintech leaders find cross-border growth crucial for success.
- 63% of fintech businesses operate through entities in International Finance Centres (IFCs).
- Factors influencing fintech businesses' jurisdiction choice include access to markets, stable regulatory environment, and professional services network.
- Investment in emerging technologies is seen as important for competitiveness, with a focus on tech integration for operational efficiency.
- Challenges faced by fintech businesses include access to funding, regulatory compliance, and navigating the fragmented regulatory landscape.
- IFCs provide solutions for fintech companies dealing with compliance requirements across multiple markets.
- BVI Finance CEO emphasizes the importance of understanding and meeting the evolving needs of fintech businesses.
- IFCs are crucial for the industry's transformation and global growth as fintech companies seek expertise, infrastructure, and regulatory clarity.
- The research involved 451 fintech business leaders globally and was conducted by Censuswide.
- BVI Finance promotes the BVI as a leading international business and finance center.
- Fintech on the Seas 2025 is a digital assets conference focusing on innovation, regulation, and global connectivity.
- The conference aims to foster collaboration and provide insights on how emerging technologies impact global financial systems.
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