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Features

WiPay Announces Partnership with CaribShopper in Jamaica

By Haute People January 25, 2020
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Aldwyn Wayne, CEO & Founder of
WiPay (left) and Kadion Preston, CEO CaribbShopper

The thought of an e-Commerce company
and a Digital Payment platform coming together might be highly unlikely.
However, that is not the case for two powerful Caribbean companies who recently
joined forces
.

Aldwyn Wayne,
Founder and CEO of WiPay this
morning announced at The Regional Investments and Capital Markets Conference 2020
of the Jamaica Stock Exchange (JSE) his new partnership with local e-Commerce
brand, CaribShopper through part-investment.
In a sit-down
interview with the pair, they announced this partnership which they described
was inevitable. WiPay’s CEO, Aldwyn Wayne expressed:

“I’m here to perform a number of functions
while I’m here in Jamaica as the CEO of WiPay, but nothing gives me more
pleasure than announcing a big step for the WiPay Group in the region and
that’s the part-investment in the region’s very own CaribShopper. I am proud to
announce that we
will be
working alongside CaribShopper to bring a new quality of service to the region
and diaspora population at large
”.

CaribShopper is an e-Commerce solution that gives Caribbean manufacturers a platform to
successfully sell their products internationally. Spearheaded by Co-Founder and
CEO, Kadion Preston, CaribShopper’s marketplace will showcase Caribbean foods,
apparel, arts & crafts, jewelry, etc. allowing manufacturers to reach more
consumers, sell more products and deliver their goods with ease.
More than an investment, the
WiPay/CaribShopper partnership will bridge the gap between regional businesses
and lovers of Caribbean culture worldwide, while extending the growth of
Caribbean-made products. CaribShopper’s CEO, Kadion Preston expressed:

“We are pretty excited
with this partnership; it has
been a long time in the works. As CaribShopper pivoted in 2019, we are now
focusing on making Caribbean-made products available to customers in the US and
eventually Canada and UK markets. Now that we’ve formalized our partnership and
moving forward, we look forward to the upcoming launch of the marketplace that
will promote the growth of Caribbean-made products.

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 Aldwyn Wayne (left) and Kadion Preston
seals the deal on WiPay’s part-acquisition on Caribshopper

WiPay has seen
explosive growth in Jamaica since 2019 when the product was introduced to the market as the third (3rd) Caribbean country where the service is available. The company has
also seen growth on a regional scale where Republic Bank acquired a 19.99% stake
and has been listed as a Digital asset on the Jamaica Stock Exchange (JSE).

The pair ended the interview by saying, “Big tings a gwaan” and with the theme of this
year’s conference being “The Winds of
Change”: Capital, Innovation and Technology
”,
the announcement could not have come at a better time. 

There will be an official launch of WiPay in Jamaica in
February and the official launch of CaribShopper’s new partnership with WiPay
in April.

Visit our website for the upcoming, exclusive one-on-one Interview with
Aldwyn Wayne to learn more about WiPay.

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Haute People was launched in September 2011 as a Fashion Blog and has grown into a Lifestyle Blog. The Term “Haute” can be defined as “Fashionably Elegant” or of High Quality. This blog looks at topics from Beauty, Fashion, Entertainment, Hair Trends, Pop Culture as well as exciting new features every month. A favorite among our readers is “Behind The Seams” where influential people from the Creative Industries are featured. . Haute People are Smart, Bold, Creative and Individualistic. If you have an innate passion for Lifestyle, Fashion and all things current, you are HAUTE.

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