About Wio
Wio is a company based in Abu Dhabi (United Arab Emirates) founded in 2018.. Wio operates in a competitive market with competitors including Revolut, Al Hilal Bank, Zand, Deem Finance and AL HILAL, among others.
- Headquarter Abu Dhabi, United Arab Emirates
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Wio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Wio
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Wio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wio Comparisons
Competitors of Wio
Wio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Revolut, Al Hilal Bank, Zand, Deem Finance and AL HILAL, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Banking solutions are provided for retail customers and businesses.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in the United Arab Emirates.
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| domain | founded_year | HQ Location |
Digital banking services are offered for personal and corporate clients.
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| domain | founded_year | HQ Location |
Provider of an internet first bank for consumers and businesses
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| domain | founded_year | HQ Location |
Operates as a digital bank for individual customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wio
Frequently Asked Questions about Wio
When was Wio founded?
Wio was founded in 2018.
Where is Wio located?
Wio is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
Who is the current CEO of Wio?
Jayesh Patel is the current CEO of Wio.
What does Wio do?
Wio was established in 2018 as a commercial bank in Abu Dhabi, United Arab Emirates. Core operations are centered on delivering standard banking services to clients in the region. The banks activities are managed through its online domain, wio.io. Leadership is held by CEO Jayesh Patel, with focus placed on regional financial operations. Services encompass typical commercial banking functions without specified expansions beyond the UAE.
Who are the top competitors of Wio?
Wio's top competitors include Revolut, Deem Finance and Al Hilal Bank.