AB Xelerate
VC Fund
Amman, Jordan
AB Xelerate is a VC fund in Amman focused on FinTech and Financial Services. Powered by Arab Bank, AB Accelerator partners with FinTech startups globally to transform the financial services industry in MENA. AB Accelerator demonstrates Arab Bank’s commitment to harness innovation and financial technology, which are swiftly pushing financial services to a new frontier.
- Total investments:
- 9
- Last investment:
- Lead investor:
- 11%
Last updated:
For AI agents: llms.txt
Industries AB Xelerate invests in
Stages AB Xelerate invests in
Countries AB Xelerate invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Hala Zahran
|
|||
4 more contacts available
Investment Focus
Industry
- FinTech 4 (44%)
- Financial Services 4 (44%)
- Software 2 (22%)
- Apps 1 (11%)
- SaaS 1 (11%)
Stage
- Seed 4 (44%)
- Series A 2 (22%)
- Series B 1 (11%)
- Corporate Round 1 (11%)
Country
- Egypt 2 (22%)
- United States 2 (22%)
- Belgium 1 (11%)
- Germany 1 (11%)
- United Arab Emirates 1 (11%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
|
Hala Zahran
Managing Partner
|
Managing Partner | Total investments: 2 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
Ubyx
|
Ubyx is a clearing system that allows anyone, | Corporate Round / Feb 19, 2026 | |
MoneyHash
|
MoneyHash provides access to payment and fintech services across the Middle East & Africa with one simple integration. | $5.2M / Seed / Jan 20, 2025 | |
Cartona
|
Cartona is a B2b marketplace directly connects retailers with suppliers | $12M / Series A / Jul 25, 2022 | |
Khazna
|
Khazna is an Egyptian company that aims to improve and expand financial services for Egyptians through the mobile application. | $38M / Series A / Mar 31, 2022 | |
|
Khazna
|
Khazna is an Egyptian company that aims to improve and expand financial services for Egyptians through the mobile application. | $38M / Series A / Mar 31, 2022 | |
OptioPay
|
OptioPay operates a fully serviced open banking solution without IT integration for businesses from various industries. End-customers receive value-added products and services in return for their bank account data to save time and money through exclusive cashbacks, higher-value vouchers, contract optimisation, offers for sustainable consumption andCO2 compensation, as well as discounts and other personalised recommendations. In addition to well-known partners such as AboutYou, Adidas, Amazon, Douglas, Ikea, Lieferando, Otto, Rewe, Reebok and Zalando, OptioPay’s top 100 corporate clients include DZ Bank, Comdirect Bank, Sparkasse, Commerzbank, HDI, AXA, Gothaer, Fonds Finanz, Blau Direkt, Deutsche Post, BS Energy and Basler Kantonalbank. OptioPay was founded in 2014 in Berlin by CEO Marcus Börner and COO Oliver Oster. It employs more than 65 people from 24 countries and currently operates in the DACH-region and The Netherlands. | $13.2M / Series B / May 04, 2021 | |
InvestSuite
|
InvestSuite helps financial institutions modernize & extend their wealth management product range with our suite of white-label solutions. We are a pure B2B fintech with a team of seasoned experts who operate across AI/machine learning, design, human insights and wealth management. We believe the combination of changing customerexpectations, technological evolutions and the emerging new ecosystem of financial institutions, fintechs, core banking platform providers and others is creating enormous growth opportunities. | $3.3M / Seed / Dec 23, 2020 | |
Hala
|
Hala is the UAE's first car insurance product that rewards you for driving safely. For each day you're accident free, you get hala coins which you spend on meals, gym memberships, and hotel stays. | $1.8M / Seed / Feb 24, 2020 | |
Augur Security
|
Augur Security uses science to predict where attacks will originate - on average 51 days before they strike - with over 97% accuracy and <.01 false positives. Our 5,000+ adversary profiles ensure you can PREDICT and PREVENT attacks before they strike while giving your SOC, CERT, and InfoSec teams DETECT and RESPONSE superpowers. | Seed / Feb 01, 2020 |
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FAQ
What does AB Xelerate invest in?
AB Xelerate invests primarily in FinTech, Financial Services and Software startups, most often at Seed and Series A stage. Most of the 9 investments tracked by Shizune back companies in Egypt. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact AB Xelerate?
Public channels for AB Xelerate include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at AB Xelerate?
The team at AB Xelerate includes Hala Zahran (Managing Partner). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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