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)
               Short Url


                   •  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
   47   48   49   50   51   52   53   54   55   56   57