TurnKey Lender is proud to announce its collaboration with ABHI – Pakistan’s first financial wellness platform.
ABHI is on a mission to financially empower salaried individuals in Pakistan by providing them earned wage access. They also offer various other business-specific products like payroll financing, invoice factoring, etc. Set up in 2021, ABHI was valued at $90 million in just 9 months since its inception and Pakistan is their first, go-to territory, after which they plan to expand into other regional markets.
This mission is very close to the founding idea of TurnKey Lender – enabling affordable fair and fully digital credit to the underbanked and unbanked. ABHI will use the TurnKey Lender Standard platform to address its lending automation needs. Some of the reasons that made the two companies a great fit are TurnKey Lender Standard’s unmatched time-to-market, its extensive API capabilities, credit products’ configuration freedom, LMS functionality, and much more.
On this occasion, CEO & Co-founder of TurnKey Lender – Dmitry Voronenko said, “We’re proud to work in the Pakistani market and to provide our technology to support innovative companies like ABHI in their effort to democratize credit and provide affordable and fair finance through our cutting-edge technology”.
Omair Ansari – CEO & Co-founder of ABHI added on, “Our partnership with TurnKey Lender will open newer avenues for us to financially empower businesses in Pakistan. We believe in partnering up with companies that help us empower our clients and strengthen our infrastructure.“
- Founded in 2021, ABHI is Pakistan’s first financial wellness platform. Through a proprietary app or USSD short code, users can withdraw a portion of their accrued salary instantaneously to any bank account or wallet.
- Employees can make an advance salary request through the platform.
- Through the employer portal, businesses can create employee profiles, and set up individual salaries and payroll dates. It includes no running cost and does not impact cash flow.
- By helping employers to provide the option of advance salaries for employees, ABHI has helped reduce workloads on HR and finance departments, whilst facilitating their employees’ cash needs.
For more information: ABHI
About TurnKey Lender:
TurnKey Lender is a global B2B SaaS company that offers AI-powered lending automation and decision management solutions in 50+ countries. From origination and underwriting to servicing, collection, and reporting the company’s software can automate the entire lending process just as well as its specific parts. TurnKey Lender supports numerous credit products out of the box – both commercial and consumer – on the same flexible SaaS platform.
Contact: Eugene Mekheda (email@example.com)