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Wio Bank Achieves Profitability in First Full Year, Reports Exceptional Growth in FY 2023

May 22 2024

Wio Bank PJSC, the region's first platform bank built to serve tomorrow’s customers, has announced its financial results for the fiscal year 2023, underscoring its rapid journey to profitability. As a leading choice for SMEs, the company reported a revenue of AED 266.4 million and a net profit of AED 2 million, marking its first full year of operations with impressive profitability since its launch in September 2022.

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