JoPACC and Rainmaking Innovation to invigorate fintech across Jordan

The Jordan Payments and Clearing Company (JoPACC) and Rainmaking Innovation have signed an agreement to mark the onset of the programs of JoPACC’s newly established fintech incubator, JOIN Fincubator, which will support the development and endeavors of fintech ideas and startups in the Jordanian ecosystem.

The agreement, which was signed in Amman by Ms. Maha Bahou, CEO of JoPACC, and Mr. Ibrahim Seksek, CEO of Rainmaking Innovation MENA, creates a strategic partnership between Rainmaking Innovation and JoPACC’s JOIN Fincubator to be one of Rainmaking’s first initiatives in the Jordanian market. The agreement comes as a part of a long-term vision of Rainmaking to unleash perpetual entrepreneurship in Jordan and the MENA region and constitute corporate innovation and startup-corporate partnerships.

The launch of the JOIN Fincubator was first announced during the proceedings of the 20th edition of the MENA ICT Forum, in November 2022, by Dr. Adel Sharkas, Governor of the Central Bank of Jordan and Chairman of JoPACC. JOIN Fincubator targets startups, financial institutions, college students, and investors in Jordan and the MENA region who can benefit from developing fintech products and solutions and contribute to the development, enrichment, and expansion of Jordan’s digital economy.

The Jordan Payments and Clearing Company (JoPACC) and Rainmaking Innovation have signed an agreement to mark the onset of the programs of JoPACC’s newly established fintech incubator, JOIN Fincubator, which will support the development and endeavors of fintech ideas and startups in the Jordanian ecosystem.

The agreement, which was signed in Amman by Ms. Maha Bahou, CEO of JoPACC, and Mr. Ibrahim Seksek, CEO of Rainmaking Innovation MENA, creates a strategic partnership between Rainmaking Innovation and JoPACC’s JOIN Fincubator to be one of Rainmaking’s first initiatives in the Jordanian market. The agreement comes as a part of a long-term vision of Rainmaking to unleash perpetual entrepreneurship in Jordan and the MENA region and constitute corporate innovation and startup-corporate partnerships.

The launch of the JOIN Fincubator was first announced during the proceedings of the 20th edition of the MENA ICT Forum, in November 2022, by Dr. Adel Sharkas, Governor of the Central Bank of Jordan and Chairman of JoPACC. JOIN Fincubator targets startups, financial institutions, college students, and investors in Jordan and the MENA region who can benefit from developing fintech products and solutions and contribute to the development, enrichment, and expansion of Jordan’s digital economy.

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