Canadian fintech firm mulls expansion to Guyana

Canadian-based financial technology company 4Pay Inc. has identified Guyana as a priority market for expansion and held discussions with senior officials of the Guyana Office for Investment, led by Peter Ramsaroop, MP, Chief Investment Officer and Agency Head.

The engagement was facilitated by Sébastien Sigouin, High Commissioner of Canada to Guyana, who was accompanied by Trade Counsellor at the High Commission of Canada, Yvana Nganou, and representatives of 4Pay.

Discussions focused on the company’s potential market entry and how its technology could complement the services of local financial institutions, with particular emphasis on expanding access to banking services and financing for residents and small and medium-sized enterprises (SMEs).

Representatives of 4Pay outlined the company’s patented, AI-driven technology, which enables the secure online opening of bank accounts and facilitates access to financing. The discussions also explored the potential establishment of a data centre to serve Guyana and the wider Caribbean region.

The meeting highlighted Guyana’s growing appeal as a destination for technology-driven investment that supports innovation, financial inclusion, and sustainable economic growth.

Also in attendance were Chief Operations Officer and Chief Financial Officer of the Guyana Office for Investment, Mr. Tebogah Christian; Senior Director of Investment, Mr. John Edghill; Director of Economic Affairs and Planning, Mr. Arvinda Ramcharan; and Director of Export and Trade, Mrs. Kibbyann Chester-Harding.