Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
ABHI has expanded its operations in Saudi Arabia through a partnership with Bayt, enabling employees to access earned wages ahead of payday and improving financial ease for workers. The deal supports broader financial inclusion goals and aligns with Saudi Vision 2030. ABHI continues to grow regionally, including launching a microfinance bank with TPL Corp.
Pakistani fintech Abhi has entered Saudi Arabia with its instant earned wage access platform, letting employees withdraw earned pay anytime. The move expands Abhi’s MENA footprint amid growing competition in the Kingdom’s EWA market.
Abhi, a UAE-based fintech, has raised $15 million in debt financing to expand its earned wage access solutions, targeting the UAE’s working population. This funding, led by Shorooq Partners and Amplify Growth Partnership, will help scale operations and enhance financial flexibility for workers.