Fintech platform Abhi Saudi, powered by Alraedah Digital Solutions, has partnered with payments firm Qlub to provide its Earned Wage Access (EWA) solution to Qlub’s employees in the Kingdom. This collaboration allows staff to access a portion of their earned salary at any point during the month, bypassing the traditional monthly pay cycle.
Quick Facts
- Partnership between Abhi Saudi and Qlub.
- Introduces Earned Wage Access for employees.
- Aims to improve financial flexibility in KSA.
A Push for Employee Financial Wellness
The partnership is designed to give Qlub’s workforce greater control over their finances. By offering the ability to draw down earned wages on-demand, the initiative aims to reduce financial stress and improve overall well-being for employees, helping them manage daily needs without waiting for payday.
Omair Ansari, Co-Founder and CEO of Abhi, framed the service as a tool for workplace improvement. “Earned Wage Access is not just a financial tool; it’s a shift toward more productive workplaces. By partnering with Qlub, we are enabling employers to support their teams better, while giving employees the flexibility and control they need to manage their financial lives with confidence.”
Fintech Synergy Aligned with Vision 2030
The collaboration reflects a broader trend of fintechs leveraging technology to enhance employee experiences, a goal that aligns with the objectives of Saudi Vision 2030.
“Qlub has signed a cooperation agreement with ABHI to provide Qlub employees with access to ABHI’s earned salary advance service,” said Fahad Almutairi, People Lead at Qlub. He noted that the service offers a “simple, fast experience” through an easy-to-use interface, with quick processing and fund transfers, making it a practical option for employees.
About Abhi
Abhi provides a comprehensive suite of solutions, including Earned Wage Access and SME Financing. The fintech company has established partnerships with over 7,000 companies. Abhi has gained recognition from Hub71 and Endeavor and was the first to be awarded the Technology Pioneer 2023 Award by the World Economic Forum in the MENAP region.
Source: Zawya
