ABHI & Rollee Collaborate to Promote Financial Inclusivity for Gig Workers

Abu Dhabi, UAE, 30th July, 2024 – ABHI, an embedded finance platform revolutionizing financial transactions across the MENAP region, has partnered with Rollee, a data infrastructure that provides institutions with users’ risk profiles, to introduce Earned Wage Access for gig workers in the UAE. Through this collaboration, ABHI will leverage alternative data to empower workers with easier and more independent access to their earnings.

The gig economy is a rapidly evolving sector that has gained significant traction globally, accounting for up to 12% of the global labor market. In UAE also, there is a growing trend towards freelance work; however, gig workers often face challenges in managing their finances due to irregular income streams. Addressing this need, ABHI, in partnership with Rollee, is introducing Earned Wage Access in the UAE to enable gig workers to access their earned but unpaid wages before the official payday.

“At ABHI, our mission is to empower workers with financial freedom and stability. Our introduction of B2C services into the UAE, powered by Rollee’s robust data capabilities, marks a significant milestone in our journey to support gig workers. This collaboration is a significant step towards creating a more inclusive financial ecosystem for all workers” said Omair Ansari, Co-Founder & CEO of ABHI.

“Partnering with ABHI aligns perfectly with Rollee’s mission to make alternative data at the core of underwriting. By enabling seamless integration and real-time access to income, activity, and other data points, we are helping gig workers in the UAE gain control over their finances and improve their overall financial health,” said Ali Hamriti, Co-Founder of Rollee.

This collaboration between ABHI and Rollee is set to transform the financial landscape for gig workers in the UAE. By leveraging Rollee’s expertise in aggregating income data from a diverse array of gig platforms, ABHI will deliver reliable Earned Wage Access to a broad segment of the workforce. This innovative service bridges the gap for gig workers who may lack access to traditional financial services, offering timely access to their earned wages and enhancing their financial stability and flexibility.