Wio Bank

Business focus

Finance, Insurance & Fintech

Description

Wio Bank is the UAE's first fully digital platform bank, launched in September 2022 in Abu Dhabi under its own Central Bank license. Shareholders are ADQ and Alpha Dhabi Holding (a combined 65%), telecom operator e& (25%) and First Abu Dhabi Bank (10%), with invested capital exceeding AED 2.3 billion. Within three years Wio grew assets to AED 61 billion and posted AED 622 million net profit for 2025, also offering embedded-finance and BaaS.