The lab acts as an idea generator linking university students with SMEs and other stakeholders. Here, we test and exhibit exciting new concepts in coordination with international Fintech hubs. We believe in fostering a culture of R&D, directed towards enabling continuous growth for the country, our partners and ourselves.
As a strategic partner of CBB’s Digital Lab, FinHub 973, we are glad to be working towards the national direction to make Bahrain a regional Fintech hub and further cement Bahrain’s position as the region’s financial hub.
FinHub 973, by the Central Bank of Bahrain (CBB), is the region’s first cross-border, digital innovation platform that connects and facilitates collaboration between financial institutions and fintechs under the supervision of the central bank. FinHub 973 enables local and global fintech’s to connect seamlessly with Bahrain’s financial institutions for exploring, testing, and prototyping on a centralised digital sandbox. FinHub973 integrates the technical testing and validation of digital solutions with the regulatory framework of the CBB. The platform also showcases qualified fintechs for collaboration, procurement, partnerships and investment within Bahrain’s ecosystem, while also interfacing with regulatory authorities to facilitate quicker and easier regulatory testing and supporting business scalability.