Page 52 - AAE PR REPORT - January 2025
P. 52
Pakistani fintech operator partners with
UAE group to provide financial solutions
in Emirates
Omair Ansari (right), Co-Founder & CEO of Abhi Middle East Limited, and Mohammad Bitar, group deputy CEO of Al
Ansari Financial Services, pose for picture in Abu Dhabi, UAE, on January 13, 2025. (Abhi)
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• Partnership to help customers in United Arab Emirates access earned wages
prior to scheduled payroll date
• Move “significant step” in providing flexible financial solutions to unbanked
individuals, says Pakistani fintech
KARACHI: An emerging fintech operator in the Middle East and Pakistan, Abhi,
announced on Monday it has partnered with UAE’s Al Ansari Financial Services to
provide financial solutions to banked and unbanked communities in the UAE.
Abhi is a Pakistani fintech company that provides employers an opportunity to
withdraw their earned salary any day through its Earned Wage Access (EWA) facility
and other products. Founded in 2021, Abhi has been serving customers in Pakistan, UAE
and Bangladesh through its credit-bridging products.
Al Ansari Financial Services is a UAE-based financial services ecosystem that enables
the mobility of money locally and globally. For almost 60 years, the group says it has
enabled tourists, residents and businesses to transfer and exchange money and conduct
payments effectively.
“In a move set to reshape the financial landscape, Al Ansari Financial Services one of the
leading integrated financial services groups in the UAE announces its strategic
partnership with Abhi Middle East Limited, the region’s largest embedded finance
platform backed by Hub71 and Abu Dhabi Investment Office (ADIO), to broaden the
https://www.arabnews.com/node/2586219/pakistan