Waiting for payday can be stressful, especially when life throws you an unexpected bill or emergency. That’s exactly the kind of problem Abhi Tech, a Pakistani fintech startup, is solving and doing it in a way that feels almost too good to be true.
This fintech startup has financed over $500 million in just three years, and it’s just getting started.
What’s Abhi Tech About?
Launched in 2021 by Omair Ansari and Ali Ladhubhai, Abhi is making waves by giving people access to their earned salaries before payday through innovative, Shariah-compliant financial solutions. Sounds wild? It’s actually super simple.
Abhi allows employees to withdraw a portion of their earned but unpaid salary before the regular payday, addressing immediate financial needs and improving their financial well-being.
Whether it’s through the Abhi app, a WhatsApp message, or even a basic SMS, employees can transfer funds to their bank account in just a few taps.
Abhi Tech is A Big Deal
Most people in Pakistan live paycheck-to-paycheck, and when you don’t have savings or access to low-interest loans, one small crisis like a medical emergency or an overdue bill can throw everything off balance.
Abhi’s Earned Wage Access service gives employees the freedom to access what they’ve already earned. You’re not borrowing money, you’re just getting what’s already yours, just a little earlier. That’s a huge mental relief for thousands of people.
This service eases financial strain, allowing employees to handle emergencies, utility bills, healthcare, and more. It has also reduced dependence on high-interest loans for many workers.
Abhi goes beyond employee benefits and streamlines employer operations via:
- Payroll Processing: Companies upload payroll data and disburse salaries with a single click.
- Payroll Financing: Abhi bridges payroll cash flow gaps, ensuring timely salary payments even when client invoices are delayed.
This dual focus on employee welfare and institutional efficiency makes Abhi attractive to over 450 organisations across diverse sectors. It’s now valued at nearly $90 million and has even become Pakistan’s first fintech to issue a Shariah-compliant Sukuk bond.
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What’s Next?
Abhi is already rolling out more features like:
- AbhiKarobar (for small businesses),
- AbhiPay (for fast payments),
- And even exploring partnerships for insurance, savings, and investments.
Their goal? To give financial freedom to everyone, one paycheck at a time.
Abhi isn’t just another app; it’s a full-on shift in how money flows in Pakistan. For the first time, workers don’t have to wait or beg for their salaries. Employers also get support when they need it most. Both sides win.
In a country where every rupee counts, Abhi is making sure your money works for you before the month ends because financial ease should be a right, not a privilege.
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