Pakistani fintech Abhi has launched its earned wage access (EWA) platform in Saudi Arabia, marking the startup’s second Middle Eastern market after the UAE. The launch comes over a year after Abhi announced a strategic partnership with Alraedah Digital Solutions that committed $200 million over three years to develop localized financial products for the Saudi market.
The platform allows employees to access their earned wages in 30 seconds through a mobile app, eliminating the traditional monthly salary cycle. Workers can withdraw portions of their already-earned salary any day of the month, with funds transferred directly to their bank accounts or…
