About Abbrevia
Abbrevia is a company based in Dubai (United Arab Emirates) founded in 2005 by Khalid Abanumay was acquired by I-RFK in October 2023. It operates as a SaaS (Software-as-a-Service), and Professional Services. Abbrevia offers products and services including Test and Certification Platform and Decision Management Platform. Abbrevia operates in a competitive market with competitors including Yethi, Payhuddle, XMLdation, Iliad Solutions and Beijing UnionPay Gold Card Technology, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Khalid Abanumay
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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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Products & Services of Abbrevia
Abbrevia offers a comprehensive portfolio of products and services, including Test and Certification Platform and Decision Management Platform. 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.
Platform for testing and certifying payment systems comprehensively.
Tool for automating decision-making processes in organizations.
Funding Insights of Abbrevia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Abbrevia
Abbrevia has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include I-RFK. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors by I-RFK.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Abbrevia
| 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 - Abbrevia
| 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 |
Abbrevia Comparisons
Competitors of Abbrevia
Abbrevia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yethi, Payhuddle, XMLdation, Iliad Solutions and Beijing UnionPay Gold Card Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of quality assurance and testing automation services for banking and financial services industries
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Provides tools for payment scheme certification and terminal testing in the fintech sector.
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| domain | founded_year | HQ Location |
Financial transaction messages are tested via a specialized platform.
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Offers platforms for testing financial payments, APIs, and certification services.
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| domain | founded_year | HQ Location |
Offers a system for testing financial and payments products in the industry.
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| 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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On-demand services are booked through an app-based platform.
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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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Latest news on Abbrevia
Frequently Asked Questions about Abbrevia
When was Abbrevia founded?
Abbrevia was founded in 2005.
Where is Abbrevia located?
Abbrevia is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does Abbrevia do?
Abbrevia is established as a provider of test and certification platforms for the payment industry. Solutions are offered to banks, POS vendors, and payment networks. The companys platforms cover the full payments value chain, including ATM emulation and network simulation. Services such as consultancy, project management, and RFP management are also provided to various financial entities. Operations are focused on enhancing testing quality while reducing costs and time to market for clients in the financial technology sector.
Who are the top competitors of Abbrevia?
What products or services does Abbrevia offer?
Abbrevia offers Test and Certification Platform and Decision Management Platform.
Who are Abbrevia's investors?
Abbrevia has 1 investor. Key investors include I-RFK.