Al Ansari Financial Services has partnered with Abhi Middle East Limited to broaden the spectrum of financial solutions available to consumers, ensuring a seamless service experience across the board.
This strategic partnership will introduce Earned Wage Access (EWA) and Send Now, Pay Later (SNPL) services in the second quarter of 2025 (pending regulatory approvals), expanding Al Ansari Financial Services’ offerings and addressing the diverse needs of unbanked and underbanked communities in the UAE.
The solution will be gradually introduced across multiple platforms to ensure easy and convenient access for customers, allowing for a smooth integration and enhanced user experience of these innovative financial services.
This partnership builds on an earlier collaboration announced by Al Ansari Financial Services with a leading fintech platform, to provide similar services. With its extensive customer base, Al Ansari Financial Services has strategically partnered with multiple leading platforms to ensure the efficiency and scalability of its innovative financial offerings. These partnerships underscore the Group’s commitment to leveraging its market presence to deliver cutting-edge financial solutions tailored to meet the diverse needs of its customers.
Abhi, a pioneer in earned wage access and technology-driven financial solutions, will be providing a technology platform and operational framework that will enable Al Ansari Financial Services’ customers to access their earned wages prior to the scheduled payroll date in addition to allowing the unbanked and underbanked customers to remit funds internationally instantly while deferring payment. Al Ansari Financial Services will identify and onboard eligible customers for both services, maximizing their reach and impact in the community.
Mohammad Bitar, Group Deputy Chief Executive Officer of Al Ansari Financial Services, commented that, “By collaborating with Abhi, we’re expanding our service ecosystem to offer more choices to our customers. This partnership aligns with our ongoing mission to enhance financial accessibility and provide flexible solutions that cater to diverse financial needs.”
Omair Ansari, Co-Founder and CEO of Abhi Middle East Limited, noted that, “Partnering with Al Ansari Financial Services is a significant step in providing unbanked individuals with accessible and flexible financial solutions. Through the introduction of Earned Wage Access and Send Now, Pay Later in the UAE, we aim to address real-world financial challenges, offering tools that empower individuals to take control of their finances.”
“By combining ABHI’s technology with Al Ansari Financial Service’s deep market expertise, we are committed to driving financial inclusion and helping underserved communities gain more flexibility and convenience in managing their financial needs,” Ansari added.
