Canadian fintech 4Pay targets Guyana for expansion

Representatives of 4Pay

Canadian-based financial technology firm 4Pay Inc. is eyeing Guyana as a priority market for expansion, holding talks with senior officials from the Guyana Office for Investment on potential entry into the country.
The discussions were led by Guyana’s Chief Investment Officer and Agency Head, Peter Ramsaroop, and were facilitated by Canada’s High Commissioner to Guyana, Sébastien Sigouin, alongside Trade Counsellor Yvana Nganou and representatives of 4Pay.

Talks focused on how 4Pay’s technology could complement local financial institutions, particularly in expanding access to banking services and financing for individuals and small and medium-sized enterprises (SMEs).
4Pay officials outlined the company’s patented, AI-driven platform that allows secure online bank account opening and improved access to financing. The possibility of establishing a data centre in Guyana to serve the wider Caribbean region was also discussed.

The meeting underscored Guyana’s growing attractiveness as a destination for technology-driven investment aimed at boosting financial inclusion and sustainable economic growth.
Senior officials from the Guyana Office for Investment, including its chief operations and finance officers and directors responsible for investment, economic affairs, and trade, were also in attendance.