Grand Bahama entrepreneurs to gain access to capital via GBPA and ArawakX partnership

NASSAU, BAHAMAS — Grand Bahamian entrepreneurs will now be able to access capital to launch or expand their business ventures via a new partnership between the Grand Bahama Port Authority and local crowdfunding platform ArawakX. In mid-October, Derek Newbold, GBPA’s Sr Manager of Business Development, met with principals of ArawakX to solidify the partnership, which […]

ARAWAKX PORTFOLIO EXPANDS: Women entrepreneurs seek $1.8M capital raise for food production hub

Grow Food Lab to address core needs of food security and sustainability NASSAU, BAHAMAS — Two Bahamian women entrepreneurs who have teamed up to provide a food production hub/incubator primarily for culinary professionals and agro-producers are seeking to raise $1.8 million in funding via the ArawakX crowdfunding platform.  The Grow Food Lab, whose mission is […]

ArawakX awarded $400K in financing from Bahamas Development Bank in orange economy investment push

BDB awards over $400,000 in financing to crowdfunding NASSAU, BAHAMAS — Fintech in The Bahamas has found a champion in the Bahamas Development Bank (BDB), which has awarded over $400,000 in financing to local crowdfunding platform ArawakX. This financing is said to be part of the bank’s push to invest in the orange economy, which […]

SAND DOLLAR ACCEPTED: ArawakX and SunCash in alliance to integrate Central Bank digital currency payments

“We are enabling people who have never invested before to become owners instead of just consumers” NASSAU, BAHAMAS — ArawakX has announced an alliance with payment service provider SunCash Ltd to integrate Central Bank digital currency (CBDC) for payments. The Central Bank of The Bahamas introduced the Sand Dollar to provide more secure, regulated financial […]

INVESTOR INITIATIVE LAUNCHED: Red Lobster and Bahama MyFi first out the gate on ArawakX crowdfunding platform

NASSAU, BAHAMAS — Red Lobster and Bahama MyFi are the first two companies to launch on the ArawakX crowdfunding platform, with the founders touting the move as a step towards financial inclusion for Bahamians. D’Arcy Rahming Jr, chief technology officer of ArawakX, said: “We have tried to make it super simple so that companies and […]

NEW INVESTMENT OPPORTNITIES: Two int’l companies to soon launch on ArawakX crowdfunding platform

“Investments are awarded on a first-come, first-served basis, so we are urging all persons to register at [for] a smooth process” Free Community Investor Education classes to be offered to the public NASSAU, BAHAMAS — Beginning next week, Bahamians will have a chance to have ownership in two international companies that will launch on […]

OFFICIAL LAUNCH: Bahamian crowdfunding platform and stock exchange to go live early next month

Exec says anyone will be able to participate with amounts as low as $25 NASSAU, BAHAMAS — Bahamian crowdfunding platform and stock exchange ArawakX, which is licensed and regulated by the Securities Commission of the Bahamas, is set to go live early next month. D’Arcy Rahming Jr, chief technology officer and spokesperson for ArawakX, noted: […]