This chapter explores key challenges in the fintech sector,
focusing on funding, financial and non-financial regulatory
frameworks, and technological developments.
THE FINTECH LANDSCAPE
Please describe the types of fintech businesses that are
active in your jurisdiction and the state of the development of the
market, including in response to the COVID-19 pandemic and ESG
(Environmental, Social and Governance) objectives. Are there any
notable fintech innovation trends of the past year within
particular sub-sectors (e.g. payments, asset management,
peer-to-peer lending or investment, insurance and blockchain
applications)?
The British Virgin Islands (BVI) is recognised across the globe
as a leading offshore financial centre which, as at the end of Q4
of 2024, had over 355,000 business companies on the Register of
Companies.
