Mission Statement
Island Bank as a digital-first bank is committed to transforming banking in the Caribbean, integrating the unbanked into the banking system, bringing you the banking you need with the service you deserve and creating a globally significant and competitive banking business.
About Us
Banking in the Caribbean is broken and Island Bank is on a mission to revolutionize it. While the world advances technologically, the financial services in our region remain outdated, leaving many underserved. Island Bank is here to bridge that gap, offering a modern digital banking solution tailored to the unique challenges of the Caribbean.
Island Bank is an API-first digital bank.
Digital First Bank
We provide digital banking services to our customers.
The Bank You Can Build On!
Our banking infrastructure and BaaS offering make developing and launching financial products simple, quick, and cost-effective.
Our BaaS offering means innovators and product managers can build on a secure and regulated infrastructure of a bank and seamlessly embed financial products into their apps via our modern APIs.
Fintech Sandbox
Our Sandbox allows developers and product managers to build out customized fintech products. It gives them access to data, AI tools, and banking modules. Now, Caribbean developers can build out similar products to Stripe, Credit rating tech, neobanks, and so on. Our Sandbox will be free of charge.
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We understand the region’s needs, and we’re dedicated to delivering innovative services that drive progress and empower our communities. It can take hours and sometimes months to open a bank account in some islands and even so, actions that customers can perform are limited or costly.
Current Caribbean banks make little investment in technology, which is a major solution for most of the problems plaguing the banking and financial sectors. Most fintech startups, even after receiving some form of licensing from the regulatory authority, continue to be shut out by commercial banks, unable to get bank accounts and banking partnerships. Island Bank is designed to bring ease to Caribbean banking and foster innovation in the region.
