The collaboration aims to build a modern acquiring infrastructure for Wio Bank without legacy technology dependencies, enabling faster merchant onboarding, real-time settlements, and seamless multi-mode payment acceptance at scale.
Pine Labs, a global fintech platform focused on modernizing how businesses accept and manage payments, has announced a strategic partnership with Wio Bank, the Middle East’s leading digital financial platform. The collaboration aims to build a modern acquiring infrastructure for Wio Bank without legacy technology dependencies, enabling faster merchant onboarding, real-time settlements, and seamless multi-mode payment acceptance at scale.
Under the partnership, Wio Bank will deploy Credit+, Pine Labs’ modular, API-first acquiring platform, to power its core acquiring operations. Credit+ is designed for speed, scalability, and configurability, offering intelligent rule-based workflows, data-driven decision-making, and optimization of payment acceptance rates. The platform also manages the full merchant acquisition and lifecycle journey through a developer-friendly, tech-first architecture.
Built on a cloud-native, microservices-based framework, Credit+ enables Wio Bank to efficiently scale transaction volumes while maintaining enterprise-grade security, regulatory compliance, and operational resilience. The platform supports rapid feature rollouts, real-time insights, and robust infrastructure critical for digital-first banks operating in high-growth markets.
“Our partnership with Wio Bank brings a modern acquiring processing platform to one of the most innovative digital banks in the region. Credit+ delivers high transaction throughput, rapid feature deployment, and seamless scalability through its API-driven, microservices architecture. This collaboration shows how a modular acquiring stack can help banks move faster, iterate smarter, and scale reliably in a digital-first payments ecosystem.”
– B. Amrish Rau, CEO, Pine Labs
“At Wio, our focus is on building a banking platform that supports how businesses operate and grow. This partnership with Pine Labs strengthens our ability to deliver simpler, more efficient payment capabilities—from faster onboarding and settlements to easier acceptance across channels. It allows us to evolve our infrastructure while building the next generation of payments and value-added services for our customers.”
– Jayesh Patel, CEO, Wio Bank PJSC
Pine Labs continues to partner with leading banks and enterprises globally to modernize legacy financial infrastructure through modular, cloud-native platforms. As the UAE moves toward a cashless economy, collaborations between digital-first banks like Wio Bank and fintech leaders with strong local presence are expected to play a pivotal role in shaping the future of payments in the region.
