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MENAP Fintech ABHI Recognized as World Economic Forum Technology Pioneer for Innovative Financial Solutions

  • June 21, 2023
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Abu Dhabi, United Arab Emirates, 21 June 2023 – ABHI, an emerging embedded finance platform, has achieved a remarkable distinction by securing a spot among the World Economic Forum’s prestigious “Technology Pioneers”. With a strong focus on providing innovative financial solutions to over 450 businesses and their employees, ABHI stands as the first MENAP region-based business to attain this esteemed recognition.

The World Economic Forum’s Technology Pioneers initiative recognizes fledgling companies worldwide that are driving innovation and shaping the trajectory of their respective industries. ABHI has been hailed for its exceptional contributions in the field of embedded finance, ushering businesses and their employees into a new era of groundbreaking financial solutions.

Verena Kuhn, Head of Innovator Communities at the World Economic Forum, expressed enthusiasm, stating, “We’re thrilled to welcome ABHI to our 2023 cohort of Technology Pioneers.” She further added, “ABHI, along with its fellow pioneers, occupies the vanguard of innovation and disruption, critical to tackling the world’s most pressing challenges. We eagerly anticipate their valuable contributions to the Forum’s collaborative efforts that unite public and private sectors in addressing these global concerns.”

As a designated Technology Pioneer, ABHI’s Group CEO and Co-Founder, Omair Ansari, will engage with the World Economic Forum, collaborating with global leaders to address pivotal industry and societal matters. This recognition comes with an invitation for Technology Pioneers to partake in Forum events and dialogues throughout the year, fostering meaningful interactions between prominent stakeholders from both the public and private sectors.

Omair Ansari expressed his gratitude, saying, “Being acknowledged as a Technology Pioneer by the World Economic Forum is a great honor for us. This recognition underscores our commitment to reshape the financial landscape through technology-driven transformation. We remain steadfast in our mission to empower businesses and individuals with seamless, ethical, and accessible financial solutions that drive economic inclusivity and growth.”

This year’s cohort of Technology Pioneers comprises startups from 31 diverse economies, with a notable third of them led by women chief executives. China stands as the second-largest contributor with 12 Technology Pioneers, trailing behind the US, which boasts 29 companies in the cohort.

For further information on this year’s Technology Pioneers, visit here.

For additional insights into past winners, community details, and the application link, visit here.

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