ABHI and TPL have officially completed the acquisition of FINCA Microfinance Bank Limited. The final signing ceremony took place in the presence of prominent leaders from both organisations and key stakeholders, including Omair Ansari, CEO of ABHI, Ali Jameel, CEO of TPL Corp Limited, and Jeffery Smith, Vice President – Chief Administrative Officer of FINCA. The event marked the formal conclusion of this strategic partnership, which aims to expand access to innovative financial solutions and accelerate financial inclusion across Pakistan. Four years ago, two individuals dared to dream of a Pakistan where financial access wasn’t a privilege but a right. This vision gave rise to ABHI, a fintech born in 2021 to transform financial wellness for millions.
Founded in response to a pressing need for financial accessibility, ABHI initially addressed the gap through Earned Wage Access (EWA), empowering employees with real-time access to their earned salaries. Since then, the company has expanded its offerings to include a comprehensive suite of financial solutions, such as payroll services and SME financing, addressing broader economic challenges for individuals and businesses alike.
ABHI’s growth trajectory has been remarkable, driven by the collaboration of two founders—one deeply rooted in Pakistan’s financial landscape and the other armed with global expertise in financial inclusion across nine emerging markets.