Who owns Wio Bank?
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
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.
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.