The United Arab Emirates (UAE) Ministry of Economy and the Government Development has nominated ABHI, a Pakistani fintech operator, as one of the emerging companies contributing significantly to the nation’s economic sector.
This recognition came as ABHI recently inked a deal with Visa Inc. and YellowPepper to introduce an Account-to-Account (A2A) payment service in the UAE, expanding its footprint beyond its successful operations in Pakistan.
ABHI’s nomination is part of the Future100 initiative, a program by the Ministry of Economy, Government Development, and the Future Office.
This initiative focuses on identifying the top 100 startups that are pivotal in driving the UAE’s readiness for future economic challenges and enhancing the competitiveness of its economic sector.
ABHI’s Co-Founder and CEO, Omair Ansari, proudly accepted the Future 100 award, marking a significant milestone for the company.
Expressing gratitude for this recognition, Ansari highlighted ABHI’s commitment to fostering financial wellness in the region.
He emphasized the dynamic potential and the supportive business environment offered by the UAE, which has been instrumental in ABHI’s growth and success.
“This achievement underscores our commitment to promoting financial wellness in the region. It’s vital to emphasize the vibrant potential and the incredibly supportive environment the UAE has provided us. We remain dedicated to financially empowering businesses and individuals,” Ansari stated.
ABHI’s expansion in the UAE is supported by various partnerships with leading entities like Hub71, CBI, DIFC, Edenred, ADIO, and UAE.
The company, known for providing advanced salary services to its customers in Pakistan, is poised to make a significant impact in the UAE’s fintech landscape with its innovative financial solutions and commitment to empowering both businesses and individuals.