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Private Equity

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AB Accelerator

AB Xelerate is Arab Bank's innovation arm and operates a Corporate Venture Capital model. It drives transformative change within financial technology and...

Overview

AB Xelerate is Arab Bank's innovation arm and operates a Corporate Venture Capital model. It drives transformative change within financial technology and beyond, championing integration between companies worldwide and the Arab Bank Group as financial backbone, strategic partner, and potential investor. It provides support for businesses to scale and become enterprise-ready, and facilitates Proof of Concepts and pilots with tech startups.

General information

Firm type

Private Equity

Location

Region

Middle East

Country

Jordan

City

Amman

Corporate office

Amman, Jordan

Principals

Eric Modave

Deputy CEO and COO of Arab Bank (Innovation Hub & Accelerator programme)

Hala Zahran

Head of AB Xelerate

Mohammad Sammour

Innovation Manager

Qais Marar

Project Manager

Sanad Abueideh

Innovation Associate

Yasmin Rashad

Innovation Associate

Sector focus

Private Equity

Frequently asked questions

What investment stages does AB Accelerator target?

The firm focuses on early stage, seed, and start-up opportunities.

Does AB Accelerator participate in fund commitments or only direct deals?

No information on fund commitments versus direct deals is available.

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