Ubyx Raises Funding From Arab Bank Fintech Accelerator AB Xelerate

By Amit Chowdhry ● Yesterday at 9:09 AM

AB Xelerate, the fintech accelerator of Arab Bank, has made a strategic investment in Ubyx, a provider of clearing and acceptance infrastructure for tokenised deposits and regulated stablecoins, as regulated digital money moves from pilot initiatives to broader execution across global financial markets.

The investment underscores Arab Bank’s focus on supporting the next phase of cross-border financial infrastructure, particularly as regulated digital money plays an expanding role in international trade, treasury operations, and payments flows connecting the Middle East with global markets.

Ubyx is building a shared network that enables regulated financial institutions to issue, accept, and redeem digital money at par value across multiple blockchain networks and jurisdictions. The infrastructure is structured to operate within established regulatory and compliance frameworks while preserving the single currency across emerging digital ecosystems.

Cross-border financial flows linking the Middle East with global markets remain a key driver for digital money adoption. AB Xelerate and Ubyx share the objective of enabling these flows through a regulated digital money infrastructure that supports international trade, liquidity management, and settlement, while remaining fully aligned with supervisory and compliance requirements.

Founded to enable global acceptance of regulated digital money, Ubyx connects multiple issuers with receiving institutions in a shared settlement environment. The company supports redemption of tokenised deposits and regulated stablecoins at par value to maintain integrity and trust in digital financial systems.

Arab Bank, established in 1930 and headquartered in Amman, Jordan, operates one of the largest global Arab banking networks, with more than 600 branches. The bank provides a wide range of personal, corporate, financial institutions, and treasury services, and maintains a strong presence in key international financial centers including London, Dubai, Singapore, Shanghai, Geneva, Paris, Sydney, and Manama.

AB Xelerate operates as Arab Bank’s fintech accelerator under a corporate venture capital model, identifying strategic alignment with emerging technologies and high-potential startups across the MENA region. The platform focuses on venture building, corporate innovation, strategic investments, and partnerships that bridge entrepreneurial innovation with enterprise-scale adoption.

KEY QUOTES:

“Digital assets and stablecoins represent a major opportunity for financial innovation in the MENA region. Our investment with Ubyx reflects our confidence in their infrastructure and their ability to support the secure, compliant, and scalable adoption of this emerging ecosystem,”

Hala Zahan, Head Of AB Xelerate

“The future of digital money depends on global networks, not isolated platforms. For digital money to scale, it must move seamlessly across institutions, markets and jurisdictions while retaining par-value integrity and regulatory confidence. AB Xelerate’s solid experience in banking innovation makes them an ideal partner as we build infrastructure designed for global adoption and support the next generation of regulated digital finance.”

Tony McLaughlin, CEO Of Ubyx Inc.

 

 

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