Network International, a leading enabler of digital commerce in the Middle East and Africa, has entered into a strategic partnership with Wio Bank, the UAE’s leading digital bank, to offer digital lending solutions for SME merchants in the UAE.
As part of this collaboration, Wio Bank’s lending products are now integrated into Network’s platform, an innovative digital merchant lending marketplace designed to simplify and accelerate access to credit for SMEs. The partnership aims to empower SME business owners with faster, more efficient access to credit facilities through an end-to-end digital journey.
According to the statement, the eligible merchants can apply for financing online, receive personalized loan offers from Wio Bank based on real-time transaction data from the Network, and complete the entire process, from loan application to loan disbursement, through a single platform.
“Our partnership with Network International simplifies access to credit and financial management for SMEs. Our goal is to foster business growth and drive entrepreneurship across the UAE by enabling a stronger ecosystem where businesses can scale with confidence and succeed.”
Murat Cagri Suzer, Group Chief Executive Officer at Network International, commented that, “At Network International, our focus is on building innovative solutions for our customers. In line with this vision, we have established partnerships with leading banks across the UAE to support the growth of SMEs.”
“Small businesses transacting through Network International’s payment platforms will have easier access to loans through our partnership with Wio Bank. Hence, we’re excited to welcome Wio Bank to our platform as a digital lender, offering a lending experience as easy as one-click loans,” the Network International Group CEO added.
This partnership strengthens Network’s commitment to supporting SMEs with accessible financing and providing comprehensive business tools to merchants while expanding Wio Bank’s reach to a broader base of merchants.
