In this episode of Fintech Confidential: Leaders One on One, host Tedd Huff speaks with Pascale Elie, Co-FOunder & Chairperson of Cellpay and co-founder of HaitiPay, about her work in improving financial services in LatinAmerica and the Caribbean. Pascale shares how the 2010 earthquake highlighted the need for accessible financial tools, leading to the launch of HaitiPay, Haitiโs first privately regulated fintech company. She discusses the importance of building partnerships, fostering trust, and addressing regulatory gaps to provide effective solutions.
Expanding her efforts, Pascale established Cellpay to connect diaspora funds with local economies, supporting small business investments and community development. She explains how understanding local dynamics and forming strong partnerships are essential for delivering meaningful financial services.
The conversation also covers challenges in working with traditional banks and the process of collaborating with Haitiโs central bank to create regulations that allowed fintech companies to operate independently. Pascale emphasizes practical tools like digital systems for community savings clubs, which offer secure and transparent ways for members to manage their funds.
Pascale shares advice for fintech entrepreneurs, urging them to focus on clear goals, collaborate with the right people, and adapt to unregulated markets by advocating for necessary changes. She also highlights the potential of artificial intelligence to increase efficiency and expand access to financial services, stressing that ethical use of such tools is critical.
Join Tedd Huff and Pascale Elie at the FinTech Islands Conference in Barbados from January 22-24, 2025, where they will share additional insights on improving financial services in underserved regions.
๐ How a Letter Changed Fintech in Haiti Forever
๐ Why Trust Matters More Than Tech in Financial Services
๐ The Bold Move That Made HaitiPay Stand Out
๐ The Surprising Role of the Diaspora in Local Economies
๐ The Biggest Barrier to Financial Growth Nobody Talks About
๐ What Cellpay Teaches Us About Serving Local Markets
๐ The One Question Every Fintech Founder Must Answer
๐ How Local Partnerships Became the Secret to Success
๐ How Artificial Intelligence Could Change Financial Access
๐ What Fintech Can Learn From HaitiPayโs Early Struggles
1๏ธโฃ Build Trust by Prioritizing Transparency
2๏ธโฃ Offer Instant Payment Confirmations
3๏ธโฃ Promote Financial Literacy Programs
4๏ธโฃ Create a Team Aligned with Your Vision
5๏ธโฃ Digitize Savings Systems for Security and Growth
Pascale Ellie
LinkedIn: https://www.linkedin.com/in/pascaleelie/
Facebook: https://www.facebook.com/pascale.elie.rene
Instagram: https://www.instagram.com/pascaleelie/
CellPay
Website: https://cellpay.com
LinkedIn: https://www.linkedin.com/company/cellpaydotcom/
X: https://x.com/cellpaydotcom
Facebook:
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you wonโt hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, youโve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.