A Historic Shift in Pakistan’s Financial Sector
In a groundbreaking move, ABHI and TPL Corp have officially acquired FINCA Microfinance Bank Limited, setting the stage for a major transformation in Pakistan’s financial ecosystem. The signing ceremony took place last month in Karachi, bringing together key figures such as Omair Ansari (CEO of ABHI), Ali Jameel (CEO of TPL Corp), and Jeffery Smith (Vice President of FINCA).
This strategic acquisition merges ABHI’s fintech expertise, TPL’s diverse portfolio, and FINCA’s microfinance legacy to create a more inclusive and accessible financial system.
ABHI’s Journey – From Startup to Industry Leader
Just four years ago, ABHI started with a vision—to make financial access a right, not a privilege. Launched in 2021, the fintech startup initially focused on Earned Wage Access (EWA), enabling employees to access their salaries instantly. Over time, ABHI expanded its services to include:
- Payroll solutions
- SME financing
- A range of digital financial services
Today, ABHI operates in Pakistan, UAE, and KSA, establishing itself as a game-changer in the region’s fintech landscape.
ABHI’s Growth & Global Recognition
ABHI’s rapid growth has earned it global recognition and major achievements:
- Davos 2025 Invitation: The first Pakistani fintech invited to the World Economic Forum.
- $25M Pre-Series B Funding: A mix of equity and debt to fuel international expansion.
- 2.6 Billion PKR Capital Injection: Strengthening FINCA’s operations and growth post-acquisition.
These milestones reinforce ABHI’s vision to lead the future of digital finance.
Why This Acquisition Matters
This acquisition represents more than just a business deal—it’s a step towards reshaping financial accessibility in Pakistan. Here’s how:
Expanding Financial Access
By integrating ABHI’s digital solutions, FINCA microfinance bank network, and TPL’s expertise, the partnership will:
- Provide gold-backed loans and salary advances.
- Offer digital savings accounts and bill payment services.
- Use AI-driven credit scoring for personalized financial solutions.
Empowering Women Entrepreneurs
FINCA Bank Pakistan has long supported women entrepreneurs through lending and financial education. This new partnership will enhance these efforts, creating more opportunities for female-led businesses.
Strengthening the Financial Ecosystem
The collaboration allows ABHI to:
- Reduce dependence on external banking partners.
- Strengthen its financial position.
- Introduce cutting-edge digital banking solutions.
Voices from the Leadership
Omair Ansari, CEO of ABHI:
“This is a major step forward. Together with TPL and FINCA, we’re committed to making financial access seamless for millions across Pakistan.”
Jeffery Smith, Vice President of FINCA:
“We trust that ABHI and TPL will build on FINCA’s foundation, driving greater financial inclusion across the country.”
Ali Jameel, CEO of TPL Corp:
“This partnership is about more than finance—it’s about creating real impact and empowering individuals nationwide.”
What’s Next?
This acquisition marks the beginning of a new chapter for Pakistan’s fintech sector. Over the next few months, the partnership will:
- Launch innovative financial products.
- Expand digital banking services to underserved communities.
- Accelerate financial inclusion on a national scale.
With ABHI, TPL, and FINCA joining forces, Pakistan’s financial future is looking more inclusive, digital, and innovative than ever.
