AB Xelerate is the Fintech-focused corporate accelerator of Arab Bank, whose objective is to
accelerate the adoption of emerging technology and solutions within the bank.
AB Xelerate is the docking point into the MENA region that supports startups
globally to scale their business and become enterprise-ready.
What We Offer
The program offers an opportunity to test solutions through a proof-of-concept which could potentially lead to a pilot agreement with Arab Bank.
Integrate with Arab Bank through Open Banking Developer Portal (https://developer.arabbank.com/).
Investing in startups that have a
product in the market with demonstrated
customer traction.
Access to unique collaboration workspaces across Arab Bank PLC
About
We xelerate your vision through immediate access to customers and markets within the Arab Bank Footprint
Arab BankEstablished in 1930, Arab Bank headquartered in Amman, Jordan has one of the largest global Arab banking networks with over 600 branches spanning five continents. Arab Bank’s extensive network covers key financial markets and centers such as London, Dubai, Singapore, Geneva, Paris, Frankfurt, Sydney and Bahrain
Program
We accept applications year round. Selected startups undergo investment thesis validation as well as business need validation.
A startup is assigned a team of sponsors who will support it throughout POC. Through multiple scoping sessions deliverable, success criteria and timelines are defined.
Over a period of 3 to 6 months, the
team of sponsors and the startup work together to deliver a successful POC.
Once a POC has been deemed successful, scoping for a pilot begins and the startup and the business unit get ready to launch into production.
Portfolio
San Diego, CA based Seclytics uses Science to deliver the only attack prediction platform in the industry that hunts adversaries in the wild in the setup stage, generating Attack Predictions on average 51+ days before they strike, with over 97% accuracy and <0.01% false positives.
InvestSuite provides a suite of white-label B2B Wealthtech-as-a-Service products with the aim of helping banks, brokers and other financial institutions serve their clients better with modern digital investment solutions
Team
