This Mobay Startup is Bypassing Jamaican Banks Completely

Traditional banks in Jamaica are notoriously slow to innovate. A new startup out of Montego Bay has decided to skip the banking sector entirely. They are building a financial network that allows local businesses to move money without dealing with bank fees or long processing times. This level of disruption is exactly what the local economy needs to modernize. See how they are pulling it off in the video below.