AMMAN — The
Central Bank of Jordan (CBJ), and the Jordan Payments and Clearing Company (JOPAC) launched the
Jordanian Center for Financial Technology “JOIN Fincubator”, and the regulatory
sandbox “Jo Reg Box” on Wednesday, the Jordan News Agency, Petra, reported.
اضافة اعلان
A CBJ statement said JOIN Fincubator is a translation of the bank’s and
JOPAC’s commitment to achieving financial stability, developing financial
infrastructure, and promoting digital financial inclusion in the Kingdom in
response to the 2022 Economic Modernization Vision that was launched under
Royal directives.
CBJ Governor and JOPAC Chairman Adel Sharkas said the center will provide
innovators with a centralized location for access to guidance, specialized
services, and real-world testing of their FinTech concepts.
The JOIN Fincubator is a hub for
FinTech innovations, offering access to
the digital financial infrastructure needed for innovation testing, validation,
and development as well as for market access, funding, and partnership
opportunities.
In
order to build, enrich, and expand the Jordanian digital economy, the center is
aimed at startups, financial institutions, university students, and investors
in Jordan and the MENA region.
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