Wio Bank

Wio Bank

Private
Abu DhabiFinTechhttps://wio.io/

Last Round

Corporate Funding

2/11/2022

Total Funding Raised

$626M

Momentum Score

50 /100

Company Overview

Wio Bank is a fintech company that operates a digital banking platform for personal and business use in the United Arab Emirates.

Sector

FinTech

Verticals

Digital Banking, Corporate Banking, Lending & Credit, Platform-as-a-Service, Foreign Exchange

Business Model

B2B

Customer Profile

Subscription SaaS, Freemium, Payment Processing Fee, Usage-Based SaaS, Revenue Share

AI Layer

Non-AI

Keywords

neobankdigital bankSME bankingembedded financeBanking as a ServiceBaaSplatform bankbusiness bankingapp-based bankingbranchless bankingfreelancer bankingmulti-currency accountsubscription bankingUAE banksupply chain finance

Historical Pricing

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Caplight Momentum Score

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Wio Bank Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Wio Bank Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Corporate Funding2/11/2022

Key People

Founding team and executive leadership

Chinmay Nu

Chief Executive Officer

Executive Team

Jayesh Patel

Chief Executive Officer

Executive Team

Mishiko Lazariia

Senior Strategy Associate, Senior Strategy Associate - CEO Office

Executive Team

ankit bansal

Deputy CTO

Executive Team

Wio Bank Investors

Notable investors and investment history

InvestorRounds
First Abu Dhabi BankCorporate Funding
Alpha Dhabi HoldingCorporate Funding
Abu Dhabi Developmental Holding Company PJSCCorporate Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 6, 2024

    Grew 17% QoQ, from 320 to 373 employees.

  • Feb 11, 2022

    $626M raised in corporate funding.

Wio Bank Filings

SEC and related filings with document metadata.

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Wio Bank Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersAbu Dhabi
Employee Range650
Year Founded2022
Last Funding2/11/2022

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