Sheraa & Wio Bank unlock innovative digital services for startups

  • Date: 24-Aug-2023
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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Sheraa & Wio Bank unlock innovative digital services for startups

Sharjah Entrepreneurship Center (Sheraa) has sealed a Memorandum of Understanding (MoU) with the region’s first platform bank, Wio Bank, to empower ecosystem players with the Wio platform that is built to reboot banking for the new digital age.

Under the terms of the partnership between Sheraa and Wio, all Sheraa startups stand to benefit from a limited-period offer featuring 90 days of free financial services from Wio Bank, followed by a reduced monthly membership fee compared to the bank’s standard rate.

The MoU was signed by Ms. Najla Al Midfa, CEO at Sheraa, and Mr. Jamal Al Awadhi, COO and CXO at Wio Bank.

Najla Al Midfa

CEO – Sheraa “Our strategic partnership with Wio Bank is a powerful testament to our unwavering commitment to creating a supportive ecosystem for startups and igniting the spirit of entrepreneurship in Sharjah and the UAE. This milestone represents a significant leap forward as we enable startup growth and attract exceptional talent to our vibrant city and provide added value through partnerships such as these. The collaboration with Wio Bank strengthens our resolve to unlock limitless opportunities and shape an inspiring future for the startup landscape in Sharjah.”

Mr. Al Awadhi commented that “We are thrilled to partner with