AB Accelerator
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AB Accelerator

https://www.abaccelerator.co
Last activity: 23.01.2024
Active
Invests in categories: AppBNPLE-commerceFinTechInsurTechPaymentsPlatformSaaSServiceTechnology
Formerly as “AB Accelerator”. A key pillar in Arab Bank’s digital innovation strategy, AB Xelerate was set up in 2018 as a core unit within the Innovation Department. AB Xelerate demonstrates Arab Bank’s commitment to harness innovation and financial technology, which are swiftly pushing financial services to a new frontier. AB Xelerate leverages Arab Bank’s customer base and network across MENA and integrates innovative financial solutions into its value chain to re-imagine and improve the way it serves its customers. AB Xelerate invests globally in early-stage technology-driven startups, whose business model provides innovation that can disrupt or expand the financial services industry. We’re looking to partner with startups whose value proposition has the potential to improve our business processes, our customer relationships, and our infrastructure.
Followers
2.75K
Portfolio
8
Persons
7
Mentions
1
Location: Jordan, Al Balqa
Employees: 11-50
Founded date: 2018
Investment Type: Venture Capital; Accelerator
Investment Stage: Pre-Seed; Seed; Series A

Portfolio 8

DateNameWebsiteTotal RaisedLocation
10.11.2023CARTONAcartona.com$24.6MLebanon, M...
-SecLyticsseclytics.com-United Sta...
-InvestSuit...investsuite.com$11.82MAustralia,...
-Khazna - خ...khazna.app$70MEgypt, Cai...
-Tabbytabby.ai$1.4BSaudi Arab...
-OptioPayoptiopay.com$7.88MGermany, B...
-baraka (YC...getbaraka.com$20MUnited Ara...
-Hala هلا...joinhala.com$7.2MUnited Ara...

Persons 7

DateFirst NameLast NameTitleLinkedInLocation
-AboudRashadInnovation...linkedin.c...-
-HaniDabitMarketing ...linkedin.c...-
-EricModaveChief Oper...linkedin.c...-
-HalaZahranLead of AB...linkedin.c...-
-AhmadKalhaInnovation...linkedin.c...-
-RawanKhouryInnovation...linkedin.c...-
-AbdelatifNasser-Edd...Innovation...linkedin.c...-

Mentions in press and media 1

DateTitleDescription
26.02.2020AB Accelerator backs blockchain startup AddendaAddenda Addenda Founded: 2018 Headquarters: Dubai, United Arab Emirates Total Funding: $1.8M See full company profile "> , “the Middle East’s first insurance blockchain platform”, has closed a six-figure bridge round, by participati...

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