Author name: Kanoo

Media

Kanoo chairman promotes Bahamian fintech solutions at FiX 24

/

Speaking on the critical role of financial technology (fintech) in the Caribbean’s emerging markets, Nick Rees, chairman and co-founder of Kanoo Pays – one of the nation’s leading digital payment solutions providers – said it is essential these new innovations connect people and industries throughout the region.

Rees was speaking ahead of an address he made at the much-anticipated Fintech Islands conference (FiX 24), held at Sam Lord’s Castle, Barbados yesterday.

“The Caribbean’s financial technology sector is now a prominent part of our economy, and as such, it’s essential that multiple venues and opportunities exist where people from across the region can make connections and share lessons learned,” he said.

“It’s always a special moment representing The Bahamas on any international stage, primarily to share with the world the fantastic technological advances that The Bahamas has been leading. Fintech Islands has provided an arena for us to meet with other thought leaders in the Caribbean, share insights, and has enabled our international expansion opportunities, to some degree.”

Covering several topics including artificial intelligence, climate fintech, and digital assets, the FiX 24 conference saw more than 700 stakeholders of the financial services industry gather to discuss and foster innovation and collaboration in the financial technology sector.… Read the rest

Media

Kanoo touts digital payment solution that doesn’t require internet connection

/

Kanoo Pays has invested in near-field communication (NFC) technology that allows users to transfer funds between two NFC-enabled card devices and does not require an internet connection. The investment is part of the mobile wallet company’s continuing bid to transform payment systems in The Bahamas and worldwide.

The company’s co-founder and Chairman, Nicholas Rees, wrote in an article on the website Next Billion – an online magazine and forum for business development – that the technology will allow users to conduct payment transactions seamlessly without the need for an internet connection, thereby solving specific connectivity and financial inclusion issues faced by countries in the region.

“For individuals in remote islands with limited access to banking services, a digital wallet eliminates the need to hold and carry cash,” said Rees.

“Users can easily access their funds and make purchases at merchant locations across the island, creating a closed-loop environment that promotes financial inclusion. Moreover, since a digital wallet can be linked to traditional bank accounts, it can ensure accessibility even in areas where ATMs are scarce.

However, digital wallets face some limitations in the Caribbean. In particular, a lack of reliable high-speed internet connectivity, especially in rural areas, has been identified as a factor hindering the widespread adoption of digital banking services in the region.… Read the rest

Media

Kanoo eyeing greater Africa expansion

/

While Kanoo Pays is already in the African market, helping the Bank of Ghana to roll out a central bank digital currency (CBDC), the mobile wallet company and fintech firm is hoping to expand its presence on the continent further as it takes part in this week’s Afreximbank 31st Annual Meetings and the third AfriCaribbean Trade and Investment Forum, in conjunction with the International Trade Center (ITC), Chairman of Kanoo Nicholas Rees told Guardian Business yesterday.

Rees explained that the ITC invited Kanoo to be part of its trade show booth this week, as the company positions itself to expand into more African markets.

According to Rees, Kanoo has already eyed projects in Tanzania, Mozambique, and the Ivory Coast that are underway.

“Kanoo and Emtech are collaborating on cross border financial trade ecosystems, payments, central bank infrastructure,” said Rees.

“And so that is something that is available and in action now. What I found to be exciting was that what this conference is seeking to achieve, we’re actually doing it. Not just in the CBDC space, but also in the wearables.”

Rees said Kanoo will have a wearables demonstration using this country’s CBDC, Sand Dollar, at the conference this week.

He explained that wearable technology allows users to carry out payment transactions using things like rings and bracelets.… Read the rest

Team Takeover

Kanoo Pops Up at Evolve

/
One by one, gym-goers quickly became Kanoo family members, as representatives were on hand to sign them up and add funds to their wallet. The three-day pop-up tour, which kicked off the gym’s participation in the month-long Love Me Some Kanoo Campaign, started on Monday, February 3rd, and ended Wednesday, February 5th. Tangerine Curry-Dinnick, Owner and Director of Evolve Functional Fitness, says she was excited to have the Kanoo team in house to demonstrate the platform, which she believes will be “life-changing” not only for her business but for businesses throughout The Bahamas. “We’re grateful that Kanoo came to visit, giving my clients a birdseye view of how it works and benefits them. There’s no doubt in my mind that Kanoo is a way to make things easier for all, myself, as a business owner and our customers. It’s an easy, safe, and convenient payment option. I’m super ecstatic that my clients are embracing it as I hope to become a cashless facility in the future.” “In the meantime, I am encouraging my clientele to download Kanoo, add funds to your wallet, and have money on it just in case you need to grab a water or a Gatorade,” she added.
… Read the rest
Team Takeover

Kanoo launches its Love Me Some Kanoo Campaign

/
The Kanoo team is feeling the love after successfully launching its “Love Me Some Kanoo” campaign over the weekend at Nicole’s Beauty Supplies. The East Street North Location was buzzing with activity, with staff members eager to sign customers up on Kanoo. Owner, Nicole Woodside indicated that Day One of the campaign went very well and she’s looking forward to the Kanoo team coming back. “Day by day, we’ve been noticing the interest in customers using Kanoo has been growing. That’s a good sign. We’re already off to a good start and I know it will get even better in the coming days. We’re just getting started; the best is yet to come, so stay tuned.” “Our friendly staff is here, ready to serve, and sign you up for Kanoo.” From January 31st to February 29th, if you purchase items at either their East Street North or East Street South locations using Kanoo, you will receive 10% percent off and a gift. Team Kanoo will also be at both the East Street North and South locations this Saturday, February 8th from noon to 4 pm. Stop by; we would love to see you!
… Read the rest
Meet The Merchant

Finding The “Love” In Fitness

/
Meet the Merchant Owner & Director: Tangerine Curry-Dinnick Company: Evolve Functional Fitness Motto: “Find the Love” Tangerine’s love for education, fitness, and helping people have transcended into Evolve Functional Fitness. The former teacher made it her mission to create a place where families can come and work out without any excuses, after noticing a startling trend among the youth. “I wanted to do my little part to give back by creating a space that could help to change this alarming obesity rate that we have here in The Bahamas. Our kids are reportedly number one in the region, and approximately number five in the world. That’s why I’ve made a point to incorporate a program just for home-school kids,” she explained. “As a teacher by profession, I still wanted to educate, but this time around, the focus would be on fitness. The beauty of functional training, which we offer at Evolve, is that it’s something that everyone can do, from the day you are born until you are 110.” Tangy says the name Evolve speaks to not only her fitness journey but that of her clients who use the Rosetta Street and Montrose Avenue facility. She tried out a few other names, but that’s the one that stuck.
… Read the rest
Deal of the Week

Kanoo partners with Evolve Functional Fitness in its “Love Me Some Kanoo Campaign.

/

[vc_row][vc_column width=”1/2″][vc_column_text]For the entire month of February, the Kanoo team will be spreading the love to the merchants and users in our growing system. How? Through our highly anticipated Love Me Some Kanoo campaign.

Spend $20 in Kanoo cash between January 31st and February 29th at Nicole’s Beauty Supplies and receive a gift. But that’s not the only way we’re showing you love.

Evolve Functional Fitness is sharing the love of fitness with you this Valentine’s. Beginning on February 3rd, users purchasing gym membership on Kanoo will receive a 20 percent discount.

Owner, Tangerine Curry-Dinnick, says she’s excited for her clientele to learn more about Kanoo through this month-long promotion.

“Now, you can place your cell phone over the payment terminal, scan the QR code, and seconds later, confirm your purchase. There’s no longer a need to have $1.12 or $2.80 in hand to buy water or Gatorade before or after your workout,” Curry-Dinnick explained.

“My customers are significant to me. I will always try my best to make things easier for them. Kanoo is a way for us to do that. Thanks to Kanoo, my clients will no longer have to worry about bringing money to the gym.”

Kanoo’s Marketing Manager Glenique Knowles revealed how the Love Me Some Kanoo campaign is all about allowing our valuable merchants to extend discounts and deals to our users.… Read the rest

Deal of the Week

Love Me Some Kanoo

/

[vc_row][vc_column width=”1/2″][vc_column_text]The Bahamian public has embraced Kanoo’s offerings and showed us great love and support since launching our services last month. So, this February, we wanted to share the love with you, our valuable merchants, and consumers. So, here’s our Valentine’s gift to you, our “Love Me Some Kanoo” promotion.

Marketing Manager Glenique Knowles says she’s excited to begin the company’s month-long promotion with Nicole’s.

“Nicole’s is significant to us as they became the very first merchant to use Kanoo, so of course they had to be a part of this. Love Me is all about showing our users and merchants how much they mean to us. Throughout February, which is known as the month of love, merchants on our platform will be extending discounts and deals,” she explained.

“The goal is to drive sales to our partners while giving out discounts and deals that benefit our users. Kanoo is not only showing love but remains committed to making life easier for all Bahamians. Stay tuned because we’re just getting started. Find out who else is participating in the Love Me Some Kanoo campaign. You’re certainly in for a treat.”

To take advantage of this exclusive offer from Nicole’s, please read the flyer for details!… Read the rest

Scroll to Top