Accelerate Your Fintech Startup

AB Accelerator 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 Accelerator is the docking point into the MENA region that supports startups
globally to scale their business and become enterprise-ready.

What We Offer

Custom Proof of Concept

The program offers an opportunity to test solutions through a proof-of-concept which could potentially lead to a pilot agreement with Arab Bank.

Arab Bank Developer Portal

Integrate with Arab Bank through Open Banking Developer Portal (https://developer.arabbank.com/).

Investment

Investing in startups that have a
product in the market with demonstrated
customer traction.

 

Collaboration Workspace

Access to unique collaboration workspaces across Arab Bank PLC

About

We accelerate your vision through immediate access to customers and markets within the Arab Bank Footprint

Arab Bank

Established 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

Selection

We accept applications year round. Selected startups undergo investment thesis validation as well as business need validation.

Scoping & Discovery

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.

POC

Over a period of 3 to 6 months, the
team of sponsors and the startup work together to deliver a successful POC.

Pilot

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.
UAE based Addenda uses distributed ledger technology (DLT) to streamline processes between insurance companies. Tailored tasks are reported in real-time on our user friendly interface, and then timestamped as evidence onto the blockchain. This allows insurers to report claim and policy changes in a completely verifiable and encrypted manner.

Events

Events and competitions for MENA Fintech focused ideas and startups

Team

Eric Modave
Chief Operating Officer - Arab Bank
Faisal Al Bitar
Innovation Hub Manager & Head of AB Accelerator Program
Hala Zahran
Lead of AB Accelerator
Hani Dabit
Marketing Manager
Ahmad Nazzal
Analyst
Mai Tbaishat
Project Delivery Manager

Latest Updates

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