Abu Dhabi’s digital banking and government service ecosystems are set to become more integrated, following a new partnership between Wio Bank and TAMM. The digital platform bank has signed a Memorandum of Understanding (MoU) with Abu Dhabi’s unified government services platform to significantly simplify the business banking experience for entrepreneurs and SMEs across the Emirate.
A Unified Digital Experience for Businesses
Announced during the GITEX Global event, this strategic partnership will see Wio Bank’s SME-focused digital banking app, Wio Business, integrated directly into the TAMM digital ecosystem. This move is designed to create a seamless journey for business owners, allowing them to manage their government services and banking needs from a single point of access. Through the TAMM website and app, users will be able to open new Wio Business accounts, link their existing accounts, and access their financial dashboards without leaving the platform. The service will offer a tailored onboarding experience, with specific workflows designed for Abu Dhabi Trade License holders as well as a comprehensive process for companies based outside the Emirate.
Fusing Sovereign and Financial Services
The collaboration aims to create the region’s first AI-enabled account opening experience for SMEs, embedding critical financial services directly within the government services portal. This integration is expected to reduce complexity and save valuable time for business owners, enabling them to focus on growth.
Jayesh Patel, CEO of Wio Bank PJSC, commented on the vision behind the partnership, stating, “As we continue to support SME growth across the UAE, we’re proud to partner with TAMM, the leading platform for government services, to launch the region’s first AI-enabled SME account opening experience. This integration makes it easier for businesses to access the banking tools they need to grow, directly from where they’re already operating.”
Dr Mohamed Al Askar, Director General of TAMM, added, “By embedding trusted financial and sovereign services into a unified experience, we reduce complexity, save time, and elevate the standard for digital government.”
About Wio Bank
Wio Bank is a UAE-based digital banking platform regulated by the Central Bank of the UAE. It offers a suite of digital banking apps and financial solutions for individuals and businesses, focusing on simplifying banking through innovative technology and a user-centric approach.
About TAMM
TAMM is Abu Dhabi’s unified government services platform, providing a single point of access to a comprehensive range of government services. It aims to deliver a seamless and efficient digital experience for residents and businesses interacting with the Abu Dhabi government.
Source: Fintech News Middle East
