ORLANDO, United States – Jamaican-owned remittance company, JN Money, recently opened its first Florida branch in Orlando, which the company says marks a major step in its strategy to expand its footprint across the United States.

JN Money, a member of the JN Financial Group headquartered in Kingston, is known for providing money transfer services to the Caribbean and countries in other regions.

Florida has a significant Caribbean immigrant population and remittances are a contributor to many economies in the region. General Manager Horace Hines, says JN Money is strengthening its presence in key US markets where Caribbean nationals rely on those remittance services to maintain their contributions to local households.

JN Money’s new branch is centrally located at 5131 W Colonial Drive, Pine Hills, Florida in the Caribbean Super Centre Plaza.

The opening of the Orlando branch is its second in the southern region of the US and brings to 13 the overall number of JN Money branches across the US, including New York, Georgia and Connecticut. The company also has some 47 agents.

In 2023, it deepened its agent network through its partnership with Laparkan Global and Freight Logistics Solutions. The Guyanese-owned Laparkan offers JN Money services at its 12 branches across the US.

“Our goal has always been to make sending money easier and more convenient for our customers and we have a significant diaspora presence in Orlando,” he said. “Expanding into this city is a proud moment for us, as it is home to a large Caribbean community. We are committed to providing reliable service that allows families to stay connected financially,” Hines said

He noted that the company recently received regulatory approval to operate in the state of Rhode Island, with plans to enter more states in 2025.

Hines also revealed that the company is also gearing up to launch its mobile app that will further improve accessibility for customers, an addition to its digital offerings, as customers outside Jamaica already have the option to send funds and pay bills digitally using JN Money Online.

The app is expected to further enhance its offerings, allowing users to send money seamlessly from their smartphones.