Pakistan-origin fintech ABHI has partnered with UAE-based Federal Exchange to enhance financial inclusion and improve cross-border payment services, the company said in a statement on Thursday.
The collaboration brings together ABHI’s digital financial platform with Federal Exchange’s established remittance and currency exchange network, aiming to deliver faster, secure, and more efficient financial services to individuals and businesses across the region.
The UAE is one of the world’s largest remittance hubs, home to millions of expatriate workers who regularly send money abroad, including to South Asia. Fintech partnerships in the region have increasingly focused on reducing transaction times and costs while expanding access to digital financial tools.
“This partnership with Federal Exchange marks an important milestone in our mission to create a more financially inclusive and empowered UAE,” said Omair Ansari, Co-Founder & CEO of ABHI. “At ABHI, we believe that access to financial services should be seamless and within everyone’s reach. By combining innovation with trusted financial infrastructure, we are enabling individuals and businesses to manage, move, and grow their money effortlessly.”
He added: “Together, we are supporting the UAE’s vision of a digitally advanced economy, where financial autonomy becomes the foundation for opportunity and growth.”
Federal Exchange said the collaboration aligns with its goal of making financial services more accessible and efficient for customers in the UAE and beyond. “Partnering with ABHI represents a natural alignment of our shared values, trust, innovation, and financial empowerment,” the Exchange said. “Together, we are creating a seamless bridge between traditional remittance services and the future of digital finance, ensuring that our customers experience faster, safer, and more convenient ways to move money across borders.”
The companies said the partnership would focus on integrating digital fintech capabilities with established exchange infrastructure to improve transparency, reliability, and accessibility of financial services. ABHI is a Pakistan-founded fintech company that provides earned wage access and other digital financial services aimed at improving financial inclusion. It allows employees to access a portion of their earned salaries in real time before payday, helping reduce reliance on informal lending. Beyond payroll solutions, ABHI has expanded into broader financial services, including SME financing and cross-border payment solutions, positioning itself as a growing player in the region’s digital finance ecosystem.
Federal Exchange is a UAE-based currency exchange and remittance service provider that offers money transfer, foreign exchange, and related financial services to individuals and businesses. Operating within the UAE’s large expatriate market, it plays a key role in facilitating cross-border remittances, particularly to South Asia and other developing regions. The company is part of the UAE’s regulated exchange sector and focuses on providing secure, accessible and efficient financial services through its physical branches and digital channels.