JN Money opens new agent location in Bodden Town, Cayman

JN Money has expanded its remittance services in the Cayman Islands with the opening of a new agent location in Bodden Town, marking its eighth agent site in the territory.

The new location, situated in Jacques Plaza, makes JN Money the first remittance provider to establish a presence in Bodden Town, bringing money transfer and related services closer to residents in the community.

The expansion follows the company’s wider international growth, which in August 2025 saw JN Money extend its reach to markets including Gambia, Nepal, Nicaragua, Ghana, Honduras, India, Kenya, the Philippines, Senegal and Uganda.

Horace Hines, general manager of JN Money Services (JNMS), said the Cayman Islands’ sizeable migrant population and high level of remittance activity made it important for services to be both accessible and reliable.

“Cayman has a large migrant population and experiences significant remittance activity, so it’s vital that these services are convenient, reliable and accessible,” he said. “By establishing a presence in Bodden Town, JN Money is ensuring that residents can send money safely and efficiently without having to travel long distances.”

He added that the company’s move into underserved communities across Cayman reflects its commitment to meeting customer needs while strengthening its presence in the market.

JN Money said the expansion forms part of its broader global strategy to deepen its footprint in key diaspora markets and strengthen access to secure and affordable financial services. Hines noted that the company’s growth initiatives are guided by market research and customer insights to ensure migrants can send funds home and access services such as mobile top-ups and bill payments.

“This strategic approach not only meets the immediate needs of our customers but also reinforces JN Money’s position as a trusted financial partner,” he said.

Customers at the Bodden Town location will have access to the full suite of JN Money services, with the company promising the same standard of service offered at its other locations.

Sanya Wallace, assistant general manager for strategy at JNMS and interim country manager for JNMS Cayman, said additional agent locations are planned for Walkers Road and East End.

She noted that the new sites are expected to join the network in early 2026.

“Expanding into these communities reflects our ongoing commitment to serving customers where they live and work,” Wallace said. “By strengthening our presence across Cayman, we’re building lasting roots and supporting the people and communities that rely on us every day with convenient and secure financial services.”