Pakistan’s fintech group Abhi is preparing to launch an initial public offering (IPO) of Abhi Microfinance Bank later this month, seeking to raise between Rs. The lender plans to offer approximately 14 percent of its shares in the IPO, according to Omair Ansari, sponsor and director of the bank. owns around 75 percent of Abhi Microfinance Bank, while TPL Corp. holds the remaining stake. The fintech acquired the lender, formerly FINCA Microfinance Bank, about 18 months ago and has since focused on digitizing operations while closing loss-making branches. Looking ahead, Abhi Microfinance plans to expand into gold-backed lending and is exploring a license to tokenize gold.