Business Reporter
Karachi: In a landmark initiative for employee financial empowerment, ABHI, a next-generation neobank, has partnered with FAST Cables, one of Pakistan’s leading manufacturers of electrical cables and LED lights, to introduce Earned Wage Access (EWA) for its workforce. The collaboration reflects both companies’ shared commitment to employee welfare, ensuring financial stability and security for FAST Cables employees.
Through ABHI’s EWA solution, FAST Cables employees can access a portion of their earned salary in real time—within 30 seconds—via the ABHI mobile app or SMS, anytime and anywhere. This innovation eliminates the long wait for payday, reduces dependence on high-interest loans, and enables workers to manage urgent expenses with ease.
“Bringing Earned Wage Access to FAST Cables is more than a collaboration; it’s a commitment to easing financial pressures for employees across Pakistan,” said Rayaan Sayeed, Head of Sales at ABHI. “Financial challenges are one of the biggest barriers to productivity and overall well-being. With EWA, employees gain control over their finances, allowing them to focus on their work and personal growth without worry.”
Kamal Mian, CEO of FAST Cables, emphasized the company’s dedication to employee well-being alongside product excellence: “Our mission has always been to build not just high-quality products, but also a high-quality life for every Pakistani. This partnership with ABHI extends that mission by empowering our workforce with flexibility, dignity, and immediate access to their earnings. It aligns with our vision of creating a stronger, more self-reliant workforce that fuels the growth of our nation.”
The initiative is expected to set a benchmark in Pakistan’s corporate sector, paving the way for broader adoption of financial wellness solutions across industries.
