BVI Finance’s new “Destination Digital” report shows 94% of fintech leaders view cross-border expansion as critical—and positions BVI as a preferred International Financial Centre for global fintech growth.
Highlights:
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Global Fintech Expansion Priority: 94% of fintech executives identify cross-border expansion as important or critical to their success, with 63% already operating via International Financial Centres (IFCs) like the BVI.
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Key Drivers for Choosing Jurisdictions: Access to global banking services (33%), regulatory stability (32%), and professional services networks (27%) were top considerations influencing jurisdiction choice.
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Technological Focus: Nearly 46% of fintechs surveyed are prioritizing tech integration to improve efficiency, particularly within exchanges (64%) and tokenization businesses (59%). IFCs like the BVI offer regulatory frameworks and innovation-friendly sandboxes to support these ambitions.
Summary:
The Destination Digital report by BVI Finance surveyed 451 fintech executives across major financial centres in the U.S., U.K., Singapore, Mexico, and China. It reveals that 94% consider cross-border growth important or critical, with 63% already operating via entities in International Financial Centres (IFCs).
When selecting where to incorporate, fintech firms cited the importance of access to global markets and banking services (33%), stable regulatory regimes (32%), and well-developed professional services ecosystems (27%).
Similarly, 46% of respondents plan to invest in emerging technologies over the next two years, and adoption is especially high in exchanges (64%) and tokenization firms (59%). The BVI supports these ambitions through tools like its regulatory fintech sandbox, enabling pilot programs and innovative models under tailored supervision.
With a regulatory framework already aligned to global standards—including the Virtual Asset Service Providers (VASP) Act and open fintech sandbox—the BVI is positioning itself to woo high-growth, cross-border fintechs seeking regulatory certainty, scale, and digital agility.
