Khalifa Fund signs an MoU with Wio Bank

Khalifa Fund signs an MoU with Wio Bank

Abu Dhabi, United Arab Emirates: Khalifa Fund for Enterprise Development has signed a Memorandum of Understanding with Wio Bank PJSC – the region’s first platform bank – 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.

H.E. Alia Al Mazrouei, CEO of Khalifa Fund for Enterprise Development stated:

"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."

Her Excellency added: “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 this collaboration and its potential to support the growth of SMEs and the entrepreneurial ecosystem in