Wio Bank PJSC, the Abu Dhabi-headquartered digital financial platform, joined the NVIDIA Inception Program, becoming the first licensed bank in the Middle East to be part of the initiative.
The program, designed by NVIDIA to support startups in accelerating innovation and growth, will provide Wio with access to cutting-edge developer resources and advanced training. The move is part of the bank’s broader strategy to position itself as an “AI-native” institution, embedding artificial intelligence across its operations—from process automation and compliance to customer-facing insights.
Accelerating AI capabilities
Wio plans to leverage the partnership to scale its AI capabilities, specifically targeting smarter lending options for small and medium-sized enterprises (SMEs) and delivering more personalized insights for individual customers.
Yannick Jannsen, acting chief technology officer at Wio Bank PJSC, emphasized that the bank’s adoption of AI is driven by customer empowerment rather than cost-cutting.
“For us, using AI isn’t a way to save costs, it’s a way to better serve each customer individually, bringing better insights, creating new capabilities for our teams, and simplifying processes by removing the complexities that often hold people back from confidently reaching their financial potential,” Jannsen said.
Live applications and future pilots
The bank reports that its AI strategy is already yielding tangible results through live features such as AI-powered wealth portfolio insights via its investment arm, Wio Invest. Additionally, Wio is conducting various AI pilots across its operations, with early data indicating efficiency gains.
Joining the NVIDIA Inception Program aligns Wio with a global network of innovation-led companies, differentiating it from traditional banking models by placing AI at the core of its infrastructure.
Backed by strategic investors including ADQ, Alpha Dhabi, e&, and First Abu Dhabi Bank (FAB), Wio provides digital banking solutions for both individuals and businesses. It also operates as a Banking-as-a-Service (BaaS) and embedded finance provider in the region.
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