• The World Economic Forum broadcasts the collection of the 100 most promising Technology Pioneers, firms which can be tackling points comparable to sustainability, local weather change, and healthcare.
• ABHI, an embedded finance platform, is among the many winner’s making historical past for a Fintech from the MENAP area.
• This 12 months’s cohort contains illustration from 31 economies on six continents.

Abu Dhabi, United Arab Emirates – ABHI, a rising embedded finance platform, was chosen amongst tons of of firms as one of many World Economic Forum’s “Technology Pioneers”. Providing modern finance options to over 450 companies and their staff, ABHI is the primary within the enterprise from the MENAP area to obtain the popularity.

The World Economic Forum’s Technology Pioneers program acknowledges early-stage firms from around the globe which can be driving innovation and shaping the way forward for their respective industries. ABHI has been acknowledged for its distinctive contributions within the realm of embedded finance, empowering companies and their staff with groundbreaking monetary options.

Verena Kuhn, Head of Innovator Communities on the World Economic Forum, stated: “We’re excited to welcome ABHI to our 2023 cohort of Technology Pioneers.” She added: “ABHI and its fellow pioneers are on the forefront of innovation and disruption wanted to assist us clear up the world’s most urgent points. We sit up for their contribution to the Forum’s content material work that brings collectively the private and non-private sectors to deal with these world points.”

As a Technology Pioneer, ABHI’s Group CEO and Co-Founder Omair Ansari will be invited to engage with the World Economic Forum, working with global leaders to help address key industry and societal issues. Technology Pioneers will also be invited to join Forum events and discussions throughout the year, bringing together leading stakeholders from the public and private sectors.

Ansari stated: “We are incredibly honored to be recognized as a Technology Pioneer by the World Economic Forum. This acknowledgment validates our mission to transform the financial landscape by leveraging technology to create meaningful change. We remain dedicated to empowering businesses and individuals with seamless, accessible, and ethical financial solutions that drive economic growth and inclusivity.”

This year’s Technology Pioneer cohort includes startups from 31 economies, with a third led by a woman chief executive. China has the second highest representation with 12 Technology Pioneers, behind the US with 29 companies.

More information on this year’s Technology Pioneers can be found here.

More information on past winners, information on the community and the application link can be found here.

About ABHI

ABHI is a fintech company at the forefront of the embedded finance revolution providing a comprehensive suite of solutions including Earned Wage Access, Payroll Processing, Payroll Financing, and SME Lending. The fintech company has established partnerships with over 450 companies driving economic growth and creating lasting social impact. It has gained recognition from Hub71 and Endeavor and recently raised its first Sukuk Bond worth $7 million making history in the MENAP region.

About the World Economic Forum

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).

About the Technology Pioneers

Launched in 2000, the Technology Pioneer community is composed of early-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. The World Economic Forum provides the community with a platform to engage with public and private sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency.

The Technology Pioneers community is part of the Innovator Communities throughout the Forum’s Centre for the Fourth Industrial Revolution. The Innovator Communities convene the world’s main world startups throughout completely different progress phases from early-stage Technology Pioneers to growth-stage Global Innovators and unicorn firms valued at greater than $1 billion.