Aiming to create a one-stop shop for fintechs: Launch of the “Morocco Fintech Center” association

Morocco’s fintech ecosystem is getting organized. On January 15, 2025, the founding members of the Morocco Fintech Center (MFC) held the founding general meeting of the “Morocco Fintech Center” association at Bank Al-Maghrib headquarters in Rabat. This association aims to support the development of fintechs and facilitate access to financing. The details.

Create a one-stop shop for fintechs, support their development, and facilitate understanding of the regulatory environment and access to financing. This is the aim of the “Morocco Fintech Center” (MFC) association, whose inaugural general meeting was held on January 15 at Bank Al-Maghrib headquarters in Rabat. The meeting brought together, as mentioned in a Bank Al-Maghrib press release, the founding members of the MFC, namely the Ministry of Economy and Finance, represented by Nadia Fettah Alaoui, the Ministry of Digital Transformation and Administration Reform, represented by Amal El Fallah Seghrouchni, Bank Al-Maghrib, represented by Abdellatif Jouahri, Autorité marocaine du marché des capitaux, represented by Nezha Hayat, French insurance supervisor (Autorité de contrôle des assurances et de la prévoyance sociale), represented by Abderrahim Chaffai, Fonds Mohammed VI pour l’investissement, represented by Badr Belkadi, Tamwilcom, represented by Hicham Zanati Serghini, Agency for digital development, represented by Sidi Mohammed Drissi Melyani, University Al Akhawayn, represented by Amine Bensaid, University Mohammed VI Polytechnic, represented by Khalid Baddou, Attijariwafa bank, represented by Mohamed El Kettani, Popular Central Bank, represented by Naziha Belkeziz, Bank of Africa, represented by Mounir Kabbaj, CDG Invest, represented by Yassine Haddaoui, HPS, represented by Mohamed Horani.

At this meeting, the general assembly approved the possibility of other organizations joining the association. “The purpose of the MFC is to provide a one-stop shop for fintechs, to support their development through coaching, incubation, acceleration, and skills development programs, and to facilitate their understanding of the regulatory environment as well as access to finance.
It will promote a collaborative fintech ecosystem that fosters partnerships and networking opportunities while encouraging research and development in financial innovation”, states the same press release, noting that the members held the first MFC Board of Directors meeting on the same day, chaired by Abdellatif Jouahri, Wali of Bank Al-Maghrib.

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