Khalifa Fund join forces with Wio Bank to offer digital banking services

  • Date: 16-May-2023
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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Khalifa Fund join forces with Wio Bank to offer digital banking services

Khalifa Fund for Enterprise Development has signed a Memorandum of Understanding with the region’s first platform bank Wio Bank in order to support Khalifa Fund members with access to fast, flexible, and secure banking and financial services from Wio Business, the SME-tailored business banking application from Wio Bank.

Through the partnership, the two entities aim to empower SMEs, entrepreneurs, and freelancers in Abu Dhabi and the wider UAE with intelligent business banking tools and financial solutions, helping them manage and grow their businesses more efficiently.

Under the agreement with Khalifa Fund and Wio Bank will offer a special promotion of a 3-month free subscription plan to over 3,600 members and portfolio companies of Khalifa Fund.

H.E. Alia Al Mazrouei

CEO – Khalifa Fund “Khalifa Fund is actively seeking valuable partnership opportunities that provide advanced technologies and digital resources to empower SMEs in the UAE, enabling them to run their operations successfully with a centralized solution that streamlines and optimizes day-to-day processes, helping SMEs in the UAE operate their businesses and achieve growth. Our partnership with Wio Bank will provide our members with secure and efficient financial services via their digital banking solutions while exploring financing options to support their growth. We are excited about