As borders open and Cuba gets exposed to the US and global markets, the International Money Transfer & Payments Industry (IMTC) has taken the first jump towards the island by announcing  IMTC Cuba 2016. As Cuba has been functioning for years without large incumbents and banking infrastructure, it has been fertile ground for remittances. Cuba is a great example of an emerging market that needs fintech startups to enter it's borders and help facilitate the currency conversion, payment transactions, and more.