ABHI, a neobank focused on earned wages and SME financing, has been selected for Mastercard’s programme supporting small businesses. The startup is one of eight global companies chosen to join the Mastercard Start Path Small Business programme.
Mastercard’s programme is designed to help startups scale solutions that deliver simple, smart, and secure digital experiences for small businesses. It provides mentorship, technical support, and access to Mastercard’s global network to accelerate growth.
Alongside ABHI, the new cohort includes INI, SiFi, TogoAgro, TurnKey Lender, Conduiit, Tracflo, and Morado. These companies are pioneering innovative solutions to transform how SMEs access and manage financial resources.
ABHI aims to use this opportunity within Mastercard’s programme to expand its digital banking services, improve financial inclusion, and offer more flexible solutions for small businesses in emerging markets. The neobank focuses on providing easy access to earned wages and financing options that help SMEs manage cash flow effectively.
Participation in Mastercard’s programme also allows ABHI to connect with global partners, gain industry insights, and leverage technology to enhance its platform. The initiative strengthens ABHI’s position as a leading digital banking solution for small businesses.
Experts say Mastercard’s programme is crucial for fostering innovation in the SME sector. By supporting startups like ABHI, the programme helps drive financial inclusion and digital transformation, particularly in emerging markets where access to banking services can be limited.
This selection marks a significant milestone for ABHI and underscores its potential to revolutionize financial services for small businesses. With support from Mastercard’s programme, ABHI is well-positioned to scale operations and make a meaningful impact on the global SME landscape.
In other news read more about: ABHI Partners with TRAY to Launch Earned Wage Access in KSA
