ABHI’s journey began in 2021, driven by a mission to solve a fundamental challenge — access to credit. Individuals and businesses alike struggled with financial constraints, sparking the need for an instant, seamless solution. ABHI answered this call with Earned Wage Access (EWA), empowering employees with real-time access to their salaries. The launch of the ABHI Mobile App marked a turning point, as the company onboarded its first corporate partner, setting the stage for financial empowerment at scale.
In 2022, ABHI expanded its offerings beyond EWA, introducing payroll processing, payroll financing, and invoice factoring, revolutionizing corporate cash flow management. The company’s rapid growth was fueled by a $17 million Series A round, accelerating its expansion. That same year, ABHI was selected as one of 16 companies for Hub71, a prestigious Abu Dhabi-based accelerator, further cementing its global ambitions. The company also partnered with Pakistan’s top five textile giants, solidifying its presence in key industries.
2023 was a landmark year—ABHI became the first fintech in Pakistan to raise a PKR 2 billion Sukuk bond. This achievement was complemented by global recognition, as the World Economic Forum named ABHI a Technology Pioneer.
In 2024, ABHI took bold strides in global expansion. The company established its international headquarters in Abu Dhabi, reinforcing its commitment to regional growth. In Saudi Arabia, ABHI entered the market through a strategic partnership with Alraedah. The company also broadened its impact by empowering 650+ merchants with SME financing, including Daraz, Foodpanda, EduFi, Digikhata, Amadeus & More, ensuring sustainable business growth.
Building on this momentum, ABHI recently achieved an unprecedented milestone—in partnership with TPL Corp Limited, it successfully acquired FINCA Microfinance Bank Limited. This historic collaboration, approved by the State Bank of Pakistan and the Competition Commission of Pakistan, is set to redefine financial inclusion. By integrating ABHI’s cutting-edge digital solutions, FINCA’s vast microfinance network, and TPL Corp’s expertise in retail, insurance, and technology, this partnership paves the way for a new era of accessible, innovative financial services.