Abhi - About the company
Abhi is a series A company based in Karachi (Pakistan), founded in 2021. It operates as a Provider of earned wage access, payroll, and business financing solutions. Abhi has raised $19.1M in funding from investors like Y Combinator, Speedinvest and Global Ventures, with a current valuation of $*****. The company has 20 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like Clair, Bridge PayDay and SimplePay.
Company Details
Provider of earned wage access, payroll, and business financing solutions. The company offers solutions for businesses to access salary, run payroll, and finance their operations. It provides a platform for employees to access their earned wages. The company also offers payroll software and financing services for businesses.
- Website
- abhi.com.pk
- Email ID
- *****@abhifinance.pk
- Phone Number
- +92 **********
Key Metrics
Founded Year
2021
Location
Karachi, Pakistan
Stage
Series A
Total Funding
$19.1M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 19, 2022
Investors
Ranked
2nd among 20 active competitors
Employee Count
174 as on May 31, 2026
Investment & Acquisitions
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Abhi's funding and investors
Abhi has raised a total funding of $19.1M over 4 rounds. Its first funding round was on Sep 01, 2021. Its latest funding round was a Conventional Debt round on Oct 17, 2024 for $*****. 2 investors participated in its latest round. Abhi has 26 institutional investors.
Here is the list of recent funding rounds of Abhi:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 17, 2024 | 2920124 | Conventional Debt | 8829092 | 4922768 | 8588944 | 3327653 |
Apr 19, 2022 | 9574160 | Series A | 1699262 | 6314341 | 4432644 | |
Nov 15, 2021 | 3695954 | Seed | 9959668 | 9653827 |
View details of Abhi's funding rounds and investors
Abhi's founders and board of directors
Founder? Claim ProfileAbhi's employee count trend
Abhi has 174 employees as of May 26. Here is Abhi's employee count trend over the years:
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Abhi's Competitors and alternates
Top competitors of Abhi include Clair, Bridge PayDay and SimplePay. Here is the list of Top 10 competitors of Abhi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Clair 2019, New York City (United States), Series B | Cloud-based employee benefits platform for on-demand pay | $67.7M | 71/100 | |
2nd | Provider of earned wage access, payroll, and business financing solutions | $19.1M | 57/100 | ||
3rd | Bridge PayDay 2015, Makati (Philippines), Unfunded | Payroll management software | - | - | 32/100 |
4th | SimplePay 2009, Cape Town (South Africa), Unfunded | Online payroll management software | - | - | 31/100 |
5th | Payroll management solution provider | - | - | 29/100 | |
6th | Web-based payroll management platform | - | - | 28/100 | |
7th | Online Lending Platform for Point Of Sale Financing. | - | 27/100 | ||
8th | Easy Payslip 2017, Mosman (Australia), Unfunded | Payroll management solution provider | - | - | 27/100 |
9th | Cloud-based online payroll management software | - | - | 26/100 | |
10th | Provider of payment infrastructure facilitating vendor onboarding, tax compliance, and global payouts | - | 26/100 |
Looking for more details on Abhi's competitors? Click here to see the top ones
Abhi's Investments and acquisitions
Abhi has a total of 1 investment in Edufi. Abhi has not made any acquisitions as of now.Reports related to Abhi
Here is the latest report on Abhi's sector:
News related to Abhi
•
Pakistani fintech Abhi launches its earned wage access platform in Saudi ArabiaMENAbytes•Aug 13, 2025•Abhi
•
Interfield Global Software Inc. Plans Transitioning to Canadian Securities ExchangeFinancial Post•Feb 19, 2025•Interfield Solutions, Abhi, Aequitas Evo Connect Aequitas Innovations
•
ABHI joins forces with TPL to acquire FINCA Microfinance BankThe Paypers•Feb 04, 2025•Abhi, FINCA Microfinance Bank, TPL Corp
•
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Abhi closes $15 million debt round led by Shorooq PartnersWamda•Oct 17, 2024•Abhi, Shorooq Partners, Amplify Growth
•
TPL Corp joins forces with Abhi to acquire FINCA microfinance bankMettisglobal•Sep 20, 2024•TPL Corp, Abhi Group Of Companies, FINCA, AbhiBus and 2 others
•
C Square Partners with Fintech Leader ABHI to Deliver a Revolutionary Customer Experience Powered by Genesys CloudProPakistani•May 29, 2024•C Square, Abhi
•
Fintech ABHI, a MENA Region and Pakistan based Earned Wage Access Provider, Enters New PartnershipCrowdfund Insider•May 15, 2024•Abhi, Al Raeda
•
Alraedah Digital Solutions collaborates with ABHI to revolutionize financial services in KSAWorld Business Outlook•May 06, 2024•Al Raeda, Abhi
•
TPL’s Board greenlights bid for majority stake in FINCAMettisglobal•Apr 29, 2024•Abhi, FINCA Microfinance Bank, TPL Corp
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