In a groundbreaking development, Abhi, a dynamic Pakistani fintech, has achieved a remarkable milestone by being selected among the prestigious Future 100 companies in the United Arab Emirates (UAE). 🌟
Future100 Initiative: Recognizing Pioneers Shaping the UAE’s Future
The Future100 initiative, a collaborative effort between the UAE’s economy ministry and the minister of state for government development and future, aims to spotlight the top 100 startups propelling the nation towards a future-ready economy. Abhi’s inclusion underscores its impactful contributions to the competitiveness of the UAE’s economic sector.
Expanding Horizons: Abhi’s Journey into the UAE
Abhi initiated its operations in the UAE in 2022, introducing innovative financial solutions that empower salaried employees. Through its mobile app or SMS services, Abhi enables individuals to access a portion of their accrued salary before the scheduled payroll.
“We are incredibly honored to be selected as the Future 100 company in the UAE. This achievement underscores our commitment to promoting financial wellness in the region.”
— Omair Ansari, Abhi Co-founder and CEO
Strategic Partnership with Visa Inc.: Transforming Payments in the UAE
In a strategic move this September, Abhi partnered with Visa Inc., a global payment card services provider, and YellowPepper, a mobile banking services company. This collaboration aimed to revolutionize payment systems in the UAE, introducing account-to-account payments.
Future 100 Awards Ceremony: A Celebration of Innovation
The prestigious Future 100 Awards ceremony, attended by key figures such as Abdulla Bin Touq Al Marri and Ohood bint Khalifa Al Roumi, recognized Abhi’s outstanding contributions. The event showcased the vibrant potential and supportive environment provided by the UAE for innovative enterprises.
Driving Economic Growth: Abhi’s Impactful Financial Solutions
Abhi’s embedded finance platform, facilitating instant credit access, has played a crucial role in bridging payment gaps for businesses, employees, and vendors. Key highlights include:
- Partnerships with over 450 companies.
- Licensing from both Abu Dhabi General Market and Dubai International Financial Center.
“We remain dedicated to financially empowering businesses and individuals.”
— Omair Ansari
Trailblazing Recognition: Abhi as a Technology Pioneer by the World Economic Forum
In a momentous achievement for 2023, Abhi became the first fintech enterprise in the MENAP region to be recognized as a Technology Pioneer by the World Economic Forum, as highlighted on the Future 100 website.
A Bright Future for Abhi in the UAE!
Abhi’s journey from a Pakistani fintech to a Future 100 company in the UAE exemplifies its commitment to innovation and financial empowerment. As they continue to shape the landscape of embedded finance, the future looks promising for Abhi and its mission to drive economic growth in the region. 🌐💰
Abhi was also part of Hub71 Abu Dhabi.
