AB Xelerate

AB Accelerator is an initiative based in Amman, Jordan, powered by Arab Bank, aimed at fostering innovation in the financial services sector across the MENA region. The accelerator partners with FinTech startups globally, focusing on transforming various aspects of financial services, including business processes, customer relationships, and financial infrastructure. By investing in these companies, AB Accelerator reinforces Arab Bank's commitment to leveraging technology and innovation to advance the financial landscape and address emerging challenges in the industry.

Hala Zahran

Managing Partner

7 past transactions

MoneyHash

Seed Round in 2025
MoneyHash operates a payment orchestration platform that simplifies payment processes for businesses in the Middle East and Africa. Through a unified API, it offers seamless integration of pay-in and pay-out rails, allowing customers to customize their checkout experience. The platform includes advanced transaction routing capabilities designed to optimize fraud detection and reduce failure rates. Additionally, MoneyHash provides a centralized reporting hub that enables users to monitor transactions effectively. This comprehensive solution helps businesses enhance their success rates, accept various payment methods, and streamline their financial operations.

Cartona

Series A in 2022
Cartona is a B2B e-commerce marketplace that connects buyers and sellers across the supply chain. It directly connects retailers with suppliers, wholesalers, and producing companies. The platform enables retailers to browse, compare, and order their merchandise, saving time, money, and effort in their daily operations.

Khazna

Series A in 2022
Khazna operates a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of smartphone users who lack access to formal financial systems. The super app provides a range of services including General Purpose Credit, Buy Now Pay Later (BNPL), bill payments, savings, and insurance. It also facilitates cash advances for employees to address unforeseen emergencies and allows users to transfer and receive funds without incurring transaction fees. By focusing on digitizing cash transactions, Khazna aims to offer convenient, effective, and secure financial solutions, thereby improving financial inclusion in Egypt and potentially beyond.

Clink.Me

Series B in 2021
Clink.Me is a mobile application designed to transform WiFi-enabled venues into social networks, facilitating connections among patrons and between customers and the venue. Founded in 2012 by Scott Horn, the application was conceived during Horn's experience managing a nightclub, aiming to enhance social interactions in various locations. Clink allows users to check in and receive personalized advertising based on their preferences, creating an engaging environment within venues. The application initially launched on Android, debuting at Deniros nightclub in Suffolk, and has since expanded its reach. Clink's innovative platform encourages user interaction and offers venues a unique way to engage their clientele, ultimately enhancing the overall experience for patrons and venue operators alike.

InvestSuite

Seed Round in 2020
InvestSuite is a B2B fintech company that provides financial institutions with white-label solutions to enhance their wealth management offerings. The company specializes in developing investment applications that include modular robo-advisory services and self-execution trading platforms. These tools allow institutions to launch their own financial products efficiently and cost-effectively, minimizing the need for significant capital investments. By leveraging advanced technologies like AI and machine learning, InvestSuite helps financial businesses tailor their services to meet the diverse needs of their clients, optimizing investment returns based on individual risk tolerance and financial goals. With a team of experienced experts, InvestSuite is positioned to support the evolving landscape of financial services amid changing customer expectations and technological advancements.

Hala

Seed Round in 2020
Addenda LTD, established in 2018 and headquartered in Dubai, United Arab Emirates, specializes in providing blockchain-based distributed ledger technology (DLT) services to the insurance industry. The company streamlines insurance processes, enables real-time task reporting, and securely records claim and policy data onto the blockchain for enhanced transparency and security. Additionally, Addenda offers data input validation and analysis services. In 2020, Addenda launched Hala Insurance, an insurtech startup aiming to provide affordable, quick, and online car and home insurance to the 500 million people living in the Middle East and North Africa (MENA) region, thereby disrupting the traditional insurance industry.

SecLytics

Seed Round in 2020
SecLytics Inc. is a cyber threat intelligence company founded in 2014 and based in La Jolla, California. The firm offers a predictive threat intelligence platform that monitors changes in Internet infrastructure and identifies suspicious activities by cyber criminals. Utilizing behavioral profiling and machine learning, SecLytics predicts potential attacks, on average 51 days in advance, with over 97% accuracy and minimal false positives. The platform features more than 5,000 adversary profiles, equipping security operations, incident response, and information security teams with enhanced capabilities to detect, respond to, and prevent cyber threats before they materialize. By addressing inefficiencies in network security setups, SecLytics enables clients to achieve secure connectivity and improve operational efficiency, ultimately reducing the risk of data breaches.
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