Topic Presentation:

Shifting the Payments Landscape – local online payments in the Dutch Caribbean and beyond

Description of Subject:

Changes in the global landscape are creating new opportunities across the Dutch Caribbean
payments ecosystem. As new payment methods are becoming mainstream, seizing the
momentum requires an understanding of the latest developments related to payments in the
DC.

Bio Mr. Vincent van Rutten, Sentoo Managing Director

I am passionate about revolutionizing the online payments market in the Caribbean. My career
as a financial expert in the region provided me with valuable insight into the common
frustrations expressed by clients regarding the lack of automation in payment processing and
the high costs associated with available online payment methods. In 2016, my business partner
and I recognized the need for change and set out to create a revolutionary solution that would
enable even government organizations to implement online payments at affordable rates. Our
hard work and dedication paid off with the launch of Sentoo, the first local account-to-account
(A2A) online payment method in the Caribbean. The banks welcomed our innovative platform
with open arms, with Banco di Caribe becoming our first banking partner and the MCB Group
and affiliated banks becoming available as of July 1st, further expanding our regional reach and
impact. I am dedicated to continuing our mission of revolutionizing the online payments market
in the Caribbean and providing accessible, affordable payment solutions for all.

About Sentoo

Sentoo is the first payment solution provider in the Dutch Caribbean to offer local online
payments with local bank accounts. We believe people should be able to use their local
bank account to pay for local products and services online. This drives us to create
modern payment solutions that are accessible to everyone. Our platform is built to
eliminate existing hurdles – we help businesses to grow with low transaction fees, real-
time payments, and user-friendly experiences. Our easy-to-use payment solution helps
improve people’s overall payment experience. Sentoo aims to be the industry-leading
payment method on our island and far beyond – building on our mission to help grow
our economy.