Profile
AB Ventures is a Corporate Venture Capital firm based in Jordan, established in 2018 as part of Arab Bank's Digital Innovation Strategy. The firm serves as the independent venture capital arm of Arab Bank, which has a significant presence in the Middle East and internationally. AB Ventures focuses on digital innovation, particularly in fintech, and aims to integrate cutting-edge financial solutions into various markets. The team consists of seasoned venture capital professionals with experience in bridging traditional financial institutions with innovative fintech ventures.
The firm invests globally in early-stage scalable fintech companies, covering both consumer-facing and enterprise-focused business models. AB Ventures seeks companies that build proprietary products demonstrating network effects across the financial industry verticals. They invest in enabling technologies for multiple industries, such as intelligent algorithms, big data, cloud computing, and AI, and facilitate the onset of decentralized technology backbones. The fund is evergreen, continually investing to keep up with digital transformation trends.
Some of AB Ventures' notable investments include Token.io, M10, Commuter Club, PXL Vision, Nord Investments, Factris, Veem, Axe Trading, Hyperpay, Swoop, Invygo, and Lendo. These companies operate in areas like payment processing, trading technology, verification services, and other fintech-empowered business models.
Industry
AB Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
AB Ventures Fund I
|
Venture Capital (VC)
|
Financial Services
Fintech
IT Services
|
Pre-seed
Seed
|
North America
South America
Europe
Middle East
Africa
Asia
|
$5-10 m
|
$50 M
|
June 2018
|
|
AB Ventures Fund II
|
Venture Capital (VC)
|
Financial Services
Fintech
IT Services
|
Pre-seed
Seed
|
North America
South America
Europe
Middle East
Africa
Asia
Australia and others
|
$5-10 m
|
$75 M
|
March 2020
|
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