The Crown Prince Foundation (CPF) and Jordan Ahli Bank have signed a cooperation agreement through its Al Ahli for Financial Technology Private Shareholding Company known as ‘Ahli Fintech.’ The agreement which was signed by CPF’s CEO Tamam Mango and the Jordan Ahli Bank CEO/General Manager Mohammad Musa Daoud signified the launch of the first national financial technology program in Jordan.
The collaboration between Ahli Fintech and CPF aims to encourage youth entrepreneurship, specifically within the field of financial technology at Jordanian universities, in addition to implementing a variety of technical activities including the launch of the Hackathons competitions for financial technology projects for university students, workshops, forums, events, and activities for innovation and entrepreneurship. All of these programs aim to increase opportunities for growth and education. Furthermore, these activities aim to allow participating students to take part in Ahli’s program for incubating and accelerating financial technology startups.
Additionally, this cooperation will result in the creation of an inspiring climate, encouraging innovation and entrepreneurship in financial technology through organizing and expanding the services offered in the field.
During this occasion, Daoud emphasized his pride in this agreement with CPF, highlighting that the Jordan Ahli Bank is considered one of the first banks to construct and implement ‘FinTech’ technologies at the national financial level. Daoud also noted that Jordan Ahli Bank is the only bank that owns a financial technology company in Jordan, an imperative part of the Bank’s strategy in keeping up with developments in the financial technology industry.