AcceleratorNew Paradigm Investment is an accelerator based in South Korea that supports early to growth-stage startups, particularly in technology and innovation sectors.
AB Accelerator
AB Accelerator, also known as AB Xelerate, is the innovation arm of Arab Bank, focusing on early-stage technology startups in the financial technology sector. Established in 2018 and based in Amman, Jordan, it leverages Arab Bank's extensive network across MENA.
- Website
- abaccelerator.co
- Founded
- 2018
- Recorded stages
- Accelerator, Pre Seed, Seed
- Focus sectors
- Fintech, Cybersecurity, AI, Proptech
- Recorded regions
- Mena, Global
Online destinations
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Overview
AB Accelerator, or AB Xelerate, is the innovation arm of Arab Bank, established in 1930 and headquartered in Amman, Jordan. It operates under a Corporate Venture Capital model, aiming to drive transformative change in the financial technology sector. With a global presence of over 600 branches, ABX is dedicated to integrating startup technology into Arab Bank's ecosystem and investing in early-stage technology startups that can enhance or disrupt the financial industry.
Focus
AB Xelerate focuses on investing in early-stage technology startups that aim to innovate within the financial sector. Key areas of focus include embedded finance, banking as a service (BaaS), fintech, cybersecurity, artificial intelligence/machine learning (AI/ML), digital transformation, open banking, and big data. The organization provides comprehensive support to help businesses scale and become enterprise-ready.
Support
AB Xelerate offers mentorship, access to a vast network, potential investment opportunities, and support in integrating technologies into Arab Bank's operations. The program also includes bootcamps designed to help early-stage startups refine their business models and connect with industry experts.
Questions
Q: What is AB Xelerate? A: AB Xelerate is the innovation arm of Arab Bank, focusing on early-stage fintech startups. Q: How can startups apply? A: Startups can apply through the partner application page on the AB Xelerate website. Q: What support does AB Xelerate provide? A: The program offers mentorship, investment opportunities, and access to Arab Bank's network.
Overlapping documented focus
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