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Puerto Rico

No Open Banking

An unincorporated territory of the US in the Caribbean Sea.

According to Kepios, 89% of Puerto Ricans had access to the internet at the beginning of 2022. According to the US Census, approximately 66% of the island’s Puerto Ricans had a smartphone or handheld computer in 2018, compared to 43% five years earlier. 

36% of Puerto Ricans are unbanked. 

Over 600 entrepreneurial companies, which include Fintechs, e-commerce and software development, operate in Puerto Rico. The Fintech sector has been growing around 25% year on year.

Puerto Rico ranks first in the region as there are higher rates of education and training.