Dubai – Sharikat Mubasher: ABHI, a leading embedded finance platform in the Middle East, North Africa, and Pakistan (MENAP) region announced securing debt funding worth $15 million led by Shorooq Partners and Amplify Growth Partnership.
This stride reflects confidence in ABHI’s services and contributes to enhancing its leading position in the fintech sector within this region, according to a recent press release.
The fresh capital is aimed to fuel ABHI’s plans to expand its operations and continue offering its Earned Wage Access services to address the needs of the workforce in the region.
ABHI is a fintech company at the forefront of the embedded finance revolution providing a comprehensive suite of solutions including Earned Wage Access, Payroll Processing, Payroll Financing, and SME Financing. The fintech company has established partnerships with over 550 companies impacting more than 750,000 lives, driving economic growth, and creating lasting social impact.
ABHI has gained recognition from Hub71 and Endeavor and was the first to be awarded the Technology Pioneer 2023 Award by the World Economic Forum making fintech history in the MENAP region. Recently, ABHI has been selected as one of the Future 100 companies in the UAE and is dedicated to providing accessible and innovative financial solutions to individuals and businesses across the globe.
