13 Bermudians’ Complete FinTech Program

13 Bermudians who participated in the 8-week Global FinTech Education Program received their certificates of completion at a reception on August 11.

A spokesperson said: “The program was a collaboration between the Department of Economic Development and NEXT, the island’s first digital asset industry association. NEXT is made up of 15 global entities that have established themselves in Bermuda to take advantage of the ground-breaking digital asset regulatory regime.

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“The Bermudian group, who were part of a larger global cohort, completed what can only be called a rigorous program that required them to attend live lectures and real-time instruction as well as develop their projects. The curriculum was developed and delivered by ViableEDU .

“In addition to the above, the Bermuda-based attendees had the opportunity to network with C-Suite members of local FinTech companies, whom they met and discussed the various relevant business models as well as the local market and opportunities now available in Fintech- the field.”

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Addressing the graduates, Premier David Burt said: “Fintech in Bermuda is growing and we are increasingly recognized as a leading jurisdiction in the digital asset industry. As this sector continues to grow, it is important that Bermudians receive job opportunities as well as education and training that will help prepare them for future opportunities.

He added: “I thank the Department of the Economy and Manpower, the Department of Economic Development, ViableEDU and NEXT for collaborating on this important initiative which has provided these 13 young Bermudians with hands-on training, skills building and access to industry experts.”

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Stafford Lowe, a member of the NEXT Founding Committee says, “Talent development is one of our four cornerstones and we couldn’t be happier with our first collaboration this summer with the Economic Development Department and ViableEDU. As an industry, we look forward to building our Bermuda -business with Bermudians who are excited about FinTech.

A spokesperson said: “The NEXT companies that sponsored the program are Apex, Bittrex Global, BlockFi, BlockWrk, Ensure Re, Jewel Bank, Nayms, Relm, Stablehouse, XBTO and 24 Exchange.

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“ViableEDU, which provided and delivered the curriculum for the training program, was co-founded by Joel Brown-Christenson in 2020 to create free virtual learning opportunities for people around the world interested in finance and fintech. He now serves as co-founder and chief program officer of the organization.”

Mr. Brown–Christenson said: “ViableEdu was thrilled to be a part of this wonderful initiative in Bermuda. We are proud to be a partner of Bermuda NEXT and the Department of Economic Development and are excited to help educate and train the future of fintech in Bermuda.”

For more information about the program, email Maryem Biadillah, Senior Analyst at EDD: [email protected].

Premier David Burt’s comments:

Good evening, Minister of Education, Director Jones of the Department of Economic Development and the EDD team, Stafford Lowe from NEXT and representatives of Bermuda’s local Fintech companies, and of course good evening to the 13 graduates of the inaugural Fintech Education Programme.

It is great to be here with you tonight to celebrate your completion of this exciting and innovative program. The Government of Bermuda believes that the future of finance is digital, which is why in 2017 we took decisive action to establish a fintech and digital asset industry in Bermuda, which has led to our island being recognized as a world-leading jurisdiction in the the digital asset space.

As this sector continues to grow, with more high-quality companies coming to our shores and more job opportunities becoming available, it is important that Bermudians are given the support, training and education they need to take advantage of these opportunities.

The Fintech Education program is a tangible sign that government and industry support the professional development of young Bermudians.

We have already seen significant job creation in Fintech, and more jobs are on the way. Businesses are eager to hire Bermudian talent and the Government will continue to ensure that through programs like this we continue to connect Bermudian talent with Bermuda-based Fintech employers.

To the graduates here tonight, I want to congratulate each and every one of you on this achievement and for all your hard work over the past eight weeks. I am sure that as you move forward in your career, you will feel the benefits of the theoretical instruction in the class, the opportunities you have had to speak directly with and ask questions of the C-Suite representatives of leaders in the field, and subject matter experts, and from the project management experience you have gained.

You have emerged from these intense eight weeks a more knowledgeable and well-equipped group of fintech enthusiasts and future professionals. Well done for all you have achieved and I ask everyone to join me in giving these 13 candidates a round of applause.

I would also like to thank everyone else who has given support. Importantly, ViableEDU for offering and delivering the curriculum and the NEXT companies that sponsored the program: Apex, Bittrex Global, BlockFi, BlockWrk, Ensure Re, Jewel, Nayms, Relm, Stablehouse, XBTO and 24 Exchange. Their generous support ensured that this training came at no cost to the students and is a great example of government and industry stakeholders working together for the benefit of Bermuda and the professional development of Bermuda.

Last, but certainly not least, I would like to thank the Ministry of Economy and Labour, Director Raymond Jones and the entire team of the Economic Development Department, as well as the Office of Fintech, for so skillfully running this project which will no doubt help with the continued growth of our Fintech and digital asset industry, by supporting the Bermudians who help build it.

Thank you.

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