UAE - Sharikat Mubasher: Abhi, an embedded finance platform founded in Pakistan in 2021, announced establishing a global headquarters in Abu Dhabi as part of its strategy to grow its international operations, a recent press release revealed.
Abhi joined Hub71, Abu Dhabi’s global tech ecosystem, in 2022 to tap into an extensive network of corporations, investment partners, and government entities, unlocking the advantages of Abu Dhabi's marketplace.
Abhi is now working with Hub71’s strategic partner Abu Dhabi Investment Office (ADIO) to scale up its operations to capture growth opportunities in emerging markets.
Abhi’s global headquarters reflects Abu Dhabi’s attractiveness as one of the fastest-growing technology ecosystems in the Middle East and North Africa (MENA) region.
Omair Ansari, CEO and Co-Founder of Abhi, said: "We are thrilled to establish our global headquarters in Abu Dhabi, a decision that marks a significant milestone in Abhi's journey. This move is not just about expanding our geographical footprint; it's a strategic alignment with Abu Dhabi’s vibrant tech ecosystem and the forward-thinking vision of ADIO.”
Meanwhile, Badr Al Olama, Director-General of ADIO, commented: “Abhi is a great example of how fast companies can start, scale, and succeed in Abu Dhabi. By being part of the Hub71 tech ecosystem for a year, the company is now collaborating with ADIO to rapidly accelerate its growth and expansion beyond Abu Dhabi.”
Abhi provides earned wage access (EWA) to employees, allowing them to withdraw their earned salary any day, and offers employers payroll solutions and SME financing.
