Burt annonnces new fintech MOU
The Premier today announced the signing of another memorandum of understanding designed to build Bermuda’s financial technology industry.
David Burt said the agreement involves B-Seed Partners, FinHigh Capital, a South Korean fintech firm, as well as BFS Holdings, Ltd from Britain.
Mr Burt added the organisations had “indicated their desire to join with us in growing the fintech industry in Bermuda through the establishment of a fintech accelerator”.
He said the investment would be worth “up to $10 million”.
Mr Burt added: “The MOU we signed today sets out our agreement to work collaboratively towards that goal.”
Corbishley: island must debate speed limit
Government in $500m debt sale
Burt prepared to wait on Brexit verdict
Shanna living her dancing dream
Care Learning Centre graduates eight
OBA wants action on ‘flatlining economy’
New Haus units offered at below $400,000
HomeSafe Bermuda to expand by Christmas
Bermudians get London training with Kennedys
Barriers quickly erected at Watch Hill Park
CoH critical of reform consultation process
DeSilva accuses Scott of ‘scaremongering’
Young entrepreneurs at fever pitch
Take Our Poll
- "What are your views on anonymous online commenting (trolling)?"
- Helpful to our democracy and needs to continue
- Hurtful to our democracy and needs to end
- Limits the number of people willing to give public service
- An important tool for political parties
- Total Votes: 4508
- Poll Archive