Em­power­ing communities

Maha Bahou, CEO at Jordan Payments & Clearing Company (JoPACC)

The best solutions are built by people with lived experience of the problems they are solving.

Since 2020, we have awarded $14 million for 188 projects in over 40 countries. Through our grants we aim to support communities that have – and continue to be – systemically and deliberately excluded from financial access and empowerment opportunities. Our core funding priorities are Financial Services, Education and Ambassadorships.

In 2023, Interledger Foundation and Jordan Payments and Clearing Company (JoPACC) launched a partnership to promote financial inclusion in the Hashemite Kingdom of Jordan. 

Located in the Middle East and with a population of over 11 million people, Jordan has a high population of refugees and immigrants. Women in particular face significant financial inclusion gaps for bank account ownership and digital payment usage.  A 2021 survey found that only 25% of Jordanians had ever used mobile banking and 13% had ever used online banking. (JoPACC) 

This partnership will utilize the power of interoperability by using the Interledger Protocol (ILP) and Open Payments.

“This will help at least one million people in my country with cross-border payments. Fintech and protocols like Interledger will help them to make seamless payments.”

–Maha Bahou, CEO at Jordan Payments & Clearing Company

Open Opportunities

Stay tuned for new grants in Spring of 2024 

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