WiPay (left) and Kadion Preston, CEO CaribbShopper
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.
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.
interview with the pair, they announced this partnership which they described
was inevitable. WiPay’s CEO, Aldwyn Wayne expressed:
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”.
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.
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:
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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seals the deal on WiPay’s part-acquisition on Caribshopper
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).
year’s conference being “The Winds of
Change”: Capital, Innovation and Technology”,
the announcement could not have come at a better time.
February and the official launch of CaribShopper’s new partnership with WiPay
in April.
Aldwyn Wayne to learn more about WiPay.
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