About AB Xelerate
AB Xelerate is a company based in Amman (Jordan). It operates as a FinTech, and Professional Services. AB Xelerate offers products and services including Corporate Venture Capital and Xelerate Bootcamp.
- Headquarter Amman, Jordan
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Latest Funding Round
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Employee Count
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Products & Services of AB Xelerate
AB Xelerate offers a comprehensive portfolio of products and services, including Corporate Venture Capital and Xelerate Bootcamp. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Support is provided for startups through strategic investments.
Bootcamps are organized for early-stage startups in MENA.
Funding Insights of AB Xelerate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by AB Xelerate
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AB Xelerate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ab Xelerate Comparisons
Competitors of AB Xelerate
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AB Xelerate
Where is AB Xelerate located?
AB Xelerate is headquartered in Amman, Jordan.
What does AB Xelerate do?
AB Xelerate is operated as the innovation arm of Arab Bank, focusing on driving transformative change within the financial technology industry. Support is provided for startups through a Corporate Venture Capital model, fostering the adoption of emerging technologies. Integration between global companies and the Arab Bank Group is facilitated, acting as a strategic partner and potential investor. Bootcamps are organized across the MENA region to support early-stage startups and entrepreneurs. Sectors such as AI, cybersecurity, and embedded finance are targeted for innovation and growth.
What products or services does AB Xelerate offer?
AB Xelerate offers Corporate Venture Capital and Xelerate Bootcamp.