We know how difficult it can be to get a business account. Wio Business is here to change all of that, for real! Wio is a newly-launch bank that is digital-first and catered with small businesses in mind (we should know, they’ve hosted focus groups for our members at The Co and engaged us in their closed beta testing).

Essentially, you can start banking with them by downloading their app. Following, you’ll be prompted to follow their account opening process and upload some personal and company documents, all through your phone. Best of all, if all your information is in order, you can expect your account to be opened in no time.

Besides its app-based infrastructure, Wio offers banking services as a subscription. By paying as little as 99 AED a month (after a free 1-month trial) you can get access to a bank account, debit card, and checkbook with no minimum balance requirements and competitively-priced fees. Check out all the features here.
In addition to being your bank, Wio wants to be your one-stop shop when it comes to your business. At the moment, The Wio Business app allows you to create invoices and send payment reminders, with a full suite of intelligent tools for your business coming soon.

Wio is regulated by the Central Bank of the UAE. Additionally, some of the UAE’s most prominent investors, banks, and companies are backing Wio, such as ADQ, Alpha Dhabi, FAB, and Etisalat.