Pine Labs, a global fintech platform, has partnered with Wio Bank to modernise the bank’s acquiring infrastructure.

The collaboration aims to reduce reliance on legacy technology and enable faster merchant onboarding, real-time settlements, and multi-channel payment acceptance.

Wio Bank will deploy Credit+, Pine Labs’ modular, API-first acquiring platform, to manage its core acquiring operations.

Credit+ is designed to support rule-based workflows, data-driven decision-making, and optimisation of payment acceptance rates, while covering the full merchant lifecycle through a cloud-native, microservices architecture.

The platform also allows for rapid feature deployment, real-time insights, and compliance with regulatory requirements.

Amrish Rau, CEO of Pine Labs, said:

“Our partnership with Wio Bank brings a modern acquiring processing platform to one of the most innovative digital banks in the region. Credit+ is built to deliver high transaction throughput, rapid feature deployment, and seamless scalability through its API-driven, microservices architecture.”

Jayesh Patel, CEO of Wio Bank PJSC, added:

“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 continue evolving our infrastructure while building the next generation of payments and value-added services around customer needs.”

Pine Labs works with banks and enterprises worldwide to update legacy financial systems through cloud-native platforms.

As the UAE moves toward a cashless economy, partnerships between digital-first banks and global fintech providers are shaping the region’s payments landscape.

Featured image credit: Pine Labs