MNB Innovation Hub

The MNB Innovation Hub was established by the Magyar Nemzeti Bank (MNB), the central bank of Hungary, to foster innovation and digitalization within the country's financial sector. Its mission is to support the Hungarian fintech ecosystem by creating a collaborative environment for financial institutions, innovative technology companies, and regulatory authorities. The Hub operates key programs, including a Regulatory Sandbox, which allows companies to test new financial products and services in a live environment under MNB supervision, and an Innovation Hub Contact Point, which offers consultation and guidance on financial regulations to help companies navigate the legal landscape.