This article is part of our Testimonial Video Series, where we highlight the firsthand experiences of business leaders who have chosen Puerto Rico to build and scale their companies.

When it comes to financial technology, Puerto Rico stands out as a dynamic, fast-growing hub that merges innovation with a strong business infrastructure. Evertec, a leading electronic transactions and financial technology company headquartered in San Juan, exemplifies how the island’s unique business environment fosters fintech success. At the forefront of Evertec’s operations in the region is Paola Pérez Surillo, Group Head of Puerto Rico and the Caribbean, who has witnessed firsthand how Puerto Rico enables companies to scale and thrive.

Evertec’s Journey: From Puerto Rico to Latin America

Evertec has grown from its Puerto Rican roots into a powerhouse serving clients in 26 countries across Latin America and the Caribbean. With a workforce of 1,200 employees in Puerto Rico, the company plays a pivotal role in the region's financial technology infrastructure, providing merchant solutions, payment processing, and business technology.

"People often think of Puerto Rico only as a tourist destination," says Pérez Surillo. "But it's actually a thriving fintech and technology hub, home to a highly sophisticated business culture that's deeply in tune with global trends."

Evertec’s ability to expand beyond Puerto Rico is a testament to the island’s strategic advantages—combining U.S. regulatory stability with Latin American market adaptability. This positioning allows Evertec to develop solutions that cater to a broad and diverse client base, from large financial institutions to small businesses adapting to the digital transformation.

Puerto Rico’s Business Advantage

Puerto Rico provides a unique mix of benefits, making it a prime location for fintech companies and other businesses seeking to expand their footprint. Some of the island's key assets include:

• U.S. Regulatory Framework – As a U.S. jurisdiction, Puerto Rico follows federal regulations and legal protections, providing businesses with stability and predictability compared to other Latin American markets.
• Skilled and Bilingual Workforce – Puerto Rico boasts highly educated professionals fluent in English and Spanish, making it easier to conduct business across markets.
• Strategic Location – Positioned as a bridge between the U.S. and Latin America, Puerto Rico offers easy access to both regions, enabling smooth cross-border operations.
• Tax Incentives – Government initiatives provide significant financial benefits for businesses, fostering economic growth and attracting fintech investments.

"We have a resilient, innovative business culture that's constantly evolving," Pérez Surillo adds. "Puerto Rico is not just following trends-it's setting them."

The Role of Fintech in Puerto Rico’s Economic Growth

As Puerto Rico continues to solidify its position as a fintech leader, the island's digital transformation has created opportunities for businesses of all sizes. During the pandemic, the rapid shift to digital payments showcased Puerto Rico's agility in fintech innovation, allowing small businesses to adapt quickly to e-commerce solutions and maintain revenue streams.

"One success story that stands out is how small businesses were able to quickly integrate digital payment solutions into their operations," says Pérez Surillo. "Because of Puerto Rico's strong fintech infrastructure, companies could pivot rapidly and continue operations."

This ability to embrace digital solutions highlights Puerto Rico’s role as a fintech innovation hub, ensuring long-term economic resilience and growth.

Why Fintech Companies Should Consider Puerto Rico

For businesses considering expansion, Puerto Rico offers an ideal mix of financial incentives, tech-savvy talent, and a strategic gateway to Latin America. The island's fintech sector is growing rapidly, attracting venture capital, multinational investments, and emerging startups.

"Can you imagine investing in a place where others dream of living?" Pérez Surillo asks. "Puerto Rico provides the perfect balance of business opportunity and quality of life. Your investment will thrive while you enjoy the island's world-class culture, talent, and innovation."

Are you ready to explore Puerto Rico’s fintech potential? Contact Invest Puerto Rico today to learn how your company can be part of this growing industry.