Adel is an Entrepreneur-in-Residence at Altpoint Capital and the Founder & CEO of Acorn, an Altpoint portfolio company.
After becoming a father, Adel realized the significant difficulties of being able to easily find and book relevant child activities. He is currently focused in building a platform to make life easier for parents, guardians and service providers by bringing the child services marketplace into the 21st century. In his spare time, Adel enjoys biking, motorcycling and hanging out with his young son.
In 2010 Adel co-founded Mode, a hyper innovative alternative lender that utilizes big data to credit score and make decisioning using mobile meta data. It currently operates in 28 countries and does over 4 million loans a day. Mode is an IBM Global Entrepreneur of Year recipient and is a Future Fifty company alumni.
Adel’s career spans over 20 years. Adel started his career at SBC Warburg (eventually UBS). He held senior positions at Dresdner Kleinwort, Merrill Lynch and Renaissance Capital where he was Partner and Founding CEO of the Asia business.
Adel graduated from University College, London with a Bachelor degree in Electronic Engineering and Management.