The Jordan FinTech Festival 2025 opened in Amman on Wednesday, bringing together central bank leaders, financial sector representatives, entrepreneurs, and investors to explore the future of the digital finance industry. The event is organized by the Central Bank of Jordan (CBJ) in cooperation with the Arab Monetary Fund, with strategic partnerships from the German Agency for International Cooperation (GIZ) and the Association of Banks in Jordan.
A National Vision for a Regional FinTech Hub
In his opening address, CBJ Governor Adel Sharkas emphasized that hosting the festival reflects Jordan’s ambitious national vision to establish itself as a regional hub for financial technology innovation. This goal is a core component of the country’s Economic Modernisation Vision (2023-2033), which places digital innovation at the heart of its strategy. Sharkas noted that Jordan has made significant strides in developing the necessary infrastructure and enacting advanced legislation, such as the Virtual Assets Law, to support this transformation and promote financial inclusion.
Digital Payments Surge in the Kingdom
The governor revealed impressive growth metrics underscoring the rapid adoption of digital finance in Jordan. The instant payment system has processed over 140 million transactions worth a total of $24.4 billion in just one year. This surge is driven by a growing user base, which now includes approximately 2.6 million e-wallet users and 1.7 million bank account users linked to the system.
Overall, digital payment transactions now account for 84% of all financial transactions in the Kingdom. This is supported by 4.67 million internet and mobile banking users and a robust infrastructure that includes over 93,000 points of sale equipped with QR technology and more than 8 million payment cards issued within the country.
Key Topics on the Agenda
The two-day festival serves as a high-level platform for dialogue on the most pressing issues and opportunities in the sector. Key topics on the agenda include the future of digital payments, the regulation and impact of virtual assets, the potential of open finance, and the application of artificial intelligence in financial services. Discussions will also cover the critical areas of cybersecurity and consumer protection in an increasingly digital financial landscape.
About the Jordan FinTech Festival
The Jordan FinTech Festival is a premier event organized by the Central Bank of Jordan and its strategic partners. It aims to convene regional and international leaders, experts, investors, and entrepreneurs to discuss global trends, exchange expertise, and promote innovation within the digital finance industry. The festival plays a key role in supporting Jordan’s digital transformation journey and positioning it as a leading FinTech hub in the MENA region.
Source: Zawya
