Abhi Analysis: $17M Raised
What is Abhi?
Abhi is a fintech company in Pakistan offering Earned Wage Access, Invoice Factoring, and Payroll Solutions to empower businesses and employees financially.
Employees
10
Founded
2021
Revenue
$5-17.2M
Company Stage
Series A
YC Batch
S21
Product Features & Capabilities
- Earned Wage Access, Payroll Solutions, Invoice Factoring, Business Financing
- Key features include instant access to earned salary via app or SMS, user-friendly payroll software for easy data upload, quick financing services for businesses.
How much Abhi raised
Series A - $17 million
April 19, 2022Lead Investor: Speedinvest and others
Who are the founders of Abhi
OA
Omair Ansari
Founder
AL
Ali Ladhubhai
Founder
Company Pricing
- Flat Rs. 150 charged per transaction for salary access, regardless of the amount.
- No sign-up or subscription fee for employees or companies.
- Employees can access up to 50% of their earned salary by default, which can be adjusted by the company.
Investors
- Shorooq Partners
- Amplify Growth Partnership
- TPL Corp (involved in the acquisition of FINCA Microfinance Bank)
