ISLAMABAD: UAE financial services firm LuLu Exchange has partnered with Pakistan-founded fintech ABHI to provide instant earned-wage access and faster cross-border remittances for migrant workers in the UAE, the companies said on Thursday.
The agreement aims to allow workers to withdraw a portion of their already-earned salaries at any time of the month and immediately transfer money to their families overseas, instead of waiting for monthly payroll cycles. The UAE hosts more than eight million expatriate workers, largely from South Asia, who depend heavily on remittances to support households back home.
Announcing the partnership, LuLu Exchange said it would combine its remittance network with ABHI’s digital platform to help low-income workers manage liquidity and avoid delays that often push migrant laborers into informal borrowing.
“At Lulu Exchange, we believe that timely access to earnings is a fundamental need and this collaboration enables workers to support their families with greater control and confidence,” Thampi Sudarsanan, CEO of LuLu Exchange UAE, said in a statement.
“Partnering with ABHI allows us to take a decisive step toward reshaping financial access for the UAE’s workforce. We are creating a powerful ecosystem that places customer empowerment at its core by merging ABHI’s innovative EWA technology with our trusted remittance network.”
