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Who owns Wio Bank?

traditional · Abu Dhabi, AE · Licensed bank · custody: Custodial

short answerWio Bank holds its own banking licence, so Wio Bank itself is the bank — customer deposits sit on its own regulated balance sheet rather than with a third-party sponsor. Wio Bank's most notable disclosed backers include ADQ, e& and Mubadala.

Is Wio Bank a licensed bank?

Yes — it holds its own banking licence. Licence detail: UAE banking licence.

Where is your money held?

Custody model: Custodial — on Wio Bank's own balance sheet as a licensed bank.

Wio Bank runs on: Mambu (core banking platform). Full stack on the infra map.

Who's behind Wio Bank?

Wio Bank was founded by ADQ, e&, FAB consortium (2022), headquartered in Abu Dhabi, AE.

Early investors

Notable venture and strategic investors from Wio Bank's publicly disclosed funding rounds.

Is my money safe with Wio Bank?

As a licensed bank, eligible deposits at Wio Bank are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.

go deeperSee the full Wio Bank profile with every verified field, or Wio Bank alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.