Wio news and trends

Balancing Competition, Collaboration in MEA’s Evolving Digital Banking Landscape
Digital-First Banking // October 04, 2022

The displacement of traditional banks’ dominance in the delivery of financial services has been one of the defining characteristics of the FinTech boom of the 21st century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

EMEA Daily: Verto and Xente Team up on NGO Payments; Wio Digital Bank Launches in...
emea // September 13, 2022

Today in Europe, the Middle East and Africa (EMEA), Verto has partnered with Xente to provide payment services to NGOs and the United Arab Emirates gets a new digital bank in Wio. Get the Full Story Complete the form to unlock this article and enjoy...

Wio Digital Bank Launches in UAE With Initial Focus on SMBs
Digital Banking // September 13, 2022

Wio, a government-backed digital bank, has launched in the United Arab Emirates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

PYMNTS GCC Series: High Smartphone Penetration, Govt Support Boosts UAE’s FinTech Growth
Technology // July 11, 2022

Although not all countries in the Gulf Cooperation Council (GCC) — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) — are known for their tech industries or their leadership in digital finance, a closer look reveals that the Arab Peninsula is...

Quick Reads
Wio Digital Bank Launches in UAE With Initial Focus on SMBs

September 13, 2022
Wio, a government-backed digital bank, has launched in the United Arab Emirates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

UAE Approves New Digital Bank Wio

February 11, 2022
The Central Bank of the United Arab Emirates has given the green light to a new digital banking platform backed by state holding company ADQ. Get the Full Story Complete...