Wio - About the company
Wio is a funded company based in Abu Dhabi (United Arab Emirates), founded in 2018. It operates as a Commercial bank. The company has 21 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like Revolut, YAP and Al Hilal Bank.
Company Details
- Website
- wio.io
Key Metrics
Founded Year
2018
Location
Abu Dhabi, United Arab Emirates
Stage
Funding Raised
Investors
Ranked
5th among 21 active competitors
Employee Count
725 as on Aug 31, 2026
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Wio's funding and investors
Wio is a funded company. Wio has 1 institutional investor.
View details of Wio's funding rounds and investors
Wio's founders and board of directors
Founder? Claim ProfileWio's employee count trend
Wio has 725 employees as of Aug 26. Here is Wio's employee count trend over the years:
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Wio's Competitors and alternates
Top competitors of Wio include Revolut, YAP and Al Hilal Bank. Here is the list of Top 10 competitors of Wio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | 82/100 | |
2nd | YAP 2020, Dubai (United Arab Emirates), Seed | Provider of a digital platform for personal financial account management | $61M | 59/100 | |
3rd | Al Hilal Bank 2008, Abu Dhabi (United Arab Emirates), Acquired | Commercial bank | - | - | 53/100 |
4th | AL HILAL 2008, Abu Dhabi (United Arab Emirates), Unfunded | Digital bank for individuals | - | - | 49/100 |
5th | Wio 2018, Abu Dhabi (United Arab Emirates), Funding Raised | Commercial bank | - | 48/100 | |
6th | Zand 2018, Dubai (United Arab Emirates), Seed | Developer of a digital bank for personal banking and corporates | - | 47/100 | |
7th | Bankiom 2018, Dubai (United Arab Emirates), Seed | Internet first bank | $50K | 41/100 | |
8th | Rise 2016, Dubai (United Arab Emirates), Seed | Neo bank for low-income migrants | - | 39/100 | |
9th | JadoPado 2010, Dubai (United Arab Emirates), Acquired | Internet-first bank for businesses | $4M | 36/100 | |
10th | AGTB 2017, Abu Dhabi (United Arab Emirates), Unfunded | Digital bank for individuals | - | - | 25/100 |
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Wio's Investments and acquisitions
Wio has made no investments or acquisitions yet.
Reports related to Wio
Here is the latest report on Wio's sector:
News related to Wio
Media has covered Wio for a total of 10 events in the last 1 year, 8 of them have been about partnerships and 1 about company updates.
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AUSTRIACARD Delivers First Jaywan Payment Cards for Wio Bank in UAE, Supporting National Payments InfrastructureGlobal Fintech Series•Sep 24, 2026•AUSTRIACARD, Wio
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Wio Bank PJSC and Toothpick Partner to Support Clinic Growth and Offer Patients Flexible Payment OptionsGlobal Fintech Series•Sep 11, 2026•Wio
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Wio Bank Partners with Kibsons to Strengthen Supply Chain OperationsGulf Business•Feb 16, 2026•Kibsons International, Wio
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Wio Bank Becomes Region’s First Licensed Bank to Join NVIDIA InceptionThe Fintech Times•Jan 29, 2026•Wio, Nvidia, avtrmed.com
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Wio Bank partners with Pine Labs to build cloud-native acquiring platformGulf Business•Jan 27, 2026•Wio, Pine Labs
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NEO PAY and Wio Bank partner to Streamline SME Financing in the UAEThe Fintech Times•Jan 26, 2026•Neopay, Wio
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Alibaba Cloud and Wio Bank Partner to Boost AI Innovation in Middle East FinanceAlBawaba•Oct 16, 2025•Alibaba Cloud, Wio
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