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Wednesday May 21, 2025

ABHI, Matco Foods to empower employees with instant salary access

By Our Correspondent
April 30, 2025
Officials of Abhi and Matco foods posing for a photo. —Abhi website/File
Officials of Abhi and Matco foods posing for a photo. —Abhi website/File

KARACHI: ABHI, an embedded finance platform revolutionising access to financial wellness, has partnered with Matco Foods Limited, South Asia’s leading food processing and export company, a statement said on Monday.

Through this collaboration, Matco Foods will be providing ABHI’s Earned Wage Access (EWA) service to its employees, reinforcing its longstanding commitment to employee empowerment and financial wellbeing.

Through ABHI’s EWA solution, Matco Foods employees can now access a portion of their earned salary instantly -- anytime, anywhere -- via the ABHI mobile app or through SMS, with funds transferred in under 30 seconds. This initiative empowers employees to take control of their finances without having to wait for the traditional payday. In a sector where workforce stability is key to ensuring timely production and global exports, this tool helps reduce financial stress and promotes a more resilient and motivated workforce.

“By giving employees timely access to their earned income, we are not only easing their financial burdens but also contributing to a more productive and satisfied workforce,” said Rayaan Sayeed, head of sales at ABHI.