Wio Bank Reports $338M Revenue and $169M Profit in FY2025 as UAE Digital Bank Reaches Profitability in Three Years

UAE digital bank Wio Bank has reported AED 1.24 billion ($338 million) in revenue and AED 622 million ($169 million) in net profit for the full year 2025, reaching profitability in just three years from launch — a rare achievement among digital banks at this scale.

Total assets grew 64% year-on-year to AED 61 billion ($16.6 billion), while customer deposits surged 66% to AED 57 billion ($15.5 billion).

Growth and Customer Base

Wio Bank now serves over 120,000 business customers and 270,000 individual customers. The bank reported NPS scores of 75 (Wio Business) and 76 (Wio Personal), which it described as the highest in UAE banking. Nearly 25% of customers have migrated their salary to the platform.

The bank's supply chain finance platform delivered over AED 1 billion in financing during 2025, with lending growth driven by supply chain finance, term loans, point-of-sale lending, and an expanded SME credit suite.

2026 Expansion Plans

Wio plans to launch a Sharia-compliant Islamic banking platform in 2026, subject to regulatory approval. The bank is also developing sector-specific business solutions for healthcare, education, food and beverage, trade, and digital businesses, alongside a new payments company.

"Our achievements in 2025 reflect our commitment to serving customers across business and personal banking, providing insights and empowering them to achieve stronger financial futures," said Jayesh Patel, CEO of Wio Bank. "In just three years, we have built one of the most profitable and trusted digital banks in the region."

About Wio Bank

Wio Bank launched in September 2022 as the UAE's first fully digital platform bank. It is backed by ADQ and Alpha Dhabi (65%), e& (formerly Etisalat, 25%), and First Abu Dhabi Bank (10%), with total invested capital of AED 2.3 billion. The bank operates across digital banking, embedded finance, and banking-as-a-service.