Jacksonville, Florida, December 5, 2025
Jacksonville, Florida has introduced JAX Hub, a 10-week program aimed at fostering fintech innovation and global partnerships. A collaborative effort involving the City of Jacksonville, University of North Florida, Paysafe, and L Marks, this initiative connects startups with industry leaders to co-create future financial services solutions. The program offers entrepreneurs the chance to refine their business models and engage with mentors, further establishing Jacksonville as a hub for financial technology.
Jacksonville Launches JAX Hub to Propel Fintech Innovation and Global Partnerships
Jacksonville, Florida – In a significant move to bolster its position in the financial technology sector, Jacksonville has unveiled JAX Hub, a collaborative initiative designed to drive fintech innovation and foster global partnerships. This program is a joint effort between the City of Jacksonville, the University of North Florida (UNF), Paysafe, and L Marks, aiming to connect emerging startups with established companies and academic talent to co-create solutions for the next generation of financial services.
Program Details
JAX Hub is structured as a 10-week innovation project that pairs entrepreneurs and innovators with corporate and community partners. This “innovation-lab-meets-Shark-Tank” model provides startups and students the opportunity to pilot new ideas, refine scalable business models, and showcase final solutions to industry and academic leaders. Participants will gain access to industry expertise, real-world testing opportunities, mentorship, and Jacksonville’s growing innovation ecosystem, enabling them to develop practical solutions that meet the evolving needs of consumers, businesses, and financial institutions.
University of North Florida’s Role
As a founding partner, UNF’s Coggin College of Business will provide graduate student expertise and applied research support throughout the program. Students in fintech, business analytics, accounting, and data analytics programs will collaborate directly with corporate partners, gaining real-world experience analyzing data, developing solutions, and addressing industry challenges. This collaboration strengthens the link between education and industry and supports Jacksonville’s continued growth as a center for financial innovation.
Global Partnerships and Economic Impact
The launch of JAX Hub also aims to strengthen economic ties with the United Kingdom, where both Paysafe and L Marks are based. This initiative builds on a UK–Florida Memorandum of Understanding on Trade and Economic Cooperation signed in 2023, representing a flagship outcome of the transatlantic partnership. By connecting Jacksonville’s financial services with global fintech innovators, JAX Hub seeks to position the city as a global fintech and innovation center, attracting investment and talent to the region.
Application Process
Applications for the inaugural JAX Hub cohort are now open and will close on January 7, 2026. Selected companies will begin pilot engagements with program partners in April 2026. For more information or to apply, visit jaxhub.us.
Frequently Asked Questions (FAQ)
What is JAX Hub?
JAX Hub is a collaborative initiative between the City of Jacksonville, the University of North Florida (UNF), Paysafe, and L Marks, designed to drive fintech innovation and foster global partnerships by connecting emerging startups with established companies and academic talent to co-create solutions for the next generation of financial services.
How long is the JAX Hub program?
The JAX Hub program is structured as a 10-week innovation project that pairs entrepreneurs and innovators with corporate and community partners.
What is the application deadline for JAX Hub?
Applications for the inaugural JAX Hub cohort are open and will close on January 7, 2026.
When will selected companies begin pilot engagements?
Selected companies will begin pilot engagements with program partners in April 2026.
Where can I find more information or apply for JAX Hub?
For more information or to apply, visit jaxhub.us.
Key Features of JAX Hub
| Feature | Description |
|---|---|
| Program Duration | 10-week innovation project |
| Partners | City of Jacksonville, UNF, Paysafe, L Marks |
| Application Deadline | January 7, 2026 |
| Pilot Engagements Start | April 2026 |
| Program Focus | Fintech innovation, global partnerships, startup mentorship |
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