Tech Thursday is an occasional series that looks at how Haitians are faring in tech, a sector that offers more money, caché and potential to drive change to a new generation of Haitians and Haitian-Americans. This is the third installment.
NEW YORK — For each of the last three years on record, the Haitian diaspora has sent more than $3 billion to family and friends, spurred by economic stagnation and political instability in Haiti. And, experts say, remittances companies are looking to cash in on these money transfers.
“The remittance industry is seeing continued demand for digital innovation, and many players are rapidly expanding their digital businesses in order to keep up,” according to a 2021 report by Manuel Orozco, who leads the Center for Migration and Economic Stabilization at the development organization Creative Associates International.
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