Pine Labs has announced a strategic partnership with Wio Bank to develop a modern, cloud-native acquiring infrastructure designed for digital-first banking. The collaboration will enable Wio Bank to roll out a next-generation acquiring platform without reliance on legacy systems, supporting faster merchant onboarding, real-time settlements and scalable payment acceptance across multiple channels.
As part of the agreement, Wio Bank will deploy Credit+, Pine Labs’ modular, API-first acquiring platform, as the core foundation for its acquiring operations. Built for speed, scale and flexibility, Credit+ supports intelligent rule-based workflows, data-driven decision-making and improved payment acceptance rates, while managing the complete merchant acquisition and lifecycle journey through a developer-friendly architecture.
Built on a cloud-native, microservices-based framework, Credit+ allows Wio Bank to efficiently scale acquiring volumes while maintaining high availability, enterprise-grade security and regulatory compliance. The platform also enables rapid feature deployment, real-time insights and operational resilience—capabilities that are increasingly critical for digital-first banks operating in fast-growing, cashless markets.
A senior executive at Pine Labs said the partnership brings a modern acquiring processing platform to one of the region’s most innovative digital banks. Credit+ is designed to deliver high transaction throughput, quick feature rollouts and seamless scalability through its API-driven, microservices architecture, demonstrating how a modular acquiring stack can help banks move faster, innovate more effectively and scale reliably in a digital-first payments ecosystem.
A senior executive at Wio Bank noted that the bank’s focus is on building a platform that supports how businesses operate and grow. The partnership with Pine Labs strengthens Wio’s ability to offer simpler and more efficient payment capabilities, from faster onboarding and settlements to easier acceptance across channels, while continuing to evolve its infrastructure and develop next-generation payments and value-added services around customer needs.
Pine Labs works with banks and enterprises globally to modernise legacy financial infrastructure through modular, cloud-native platforms. As the UAE accelerates its transition towards a cashless economy, partnerships between digital-native banks and global fintech providers with strong regional execution capabilities are increasingly shaping the future of payments, merchant services and embedded finance.
