Pine Labs, a global fintech platform redefining how businesses accept and manage digital payments, has announced a strategic partnership with Wio Bank, the Middle East’s leading digital financial platform. The collaboration aims to build a modern, future-ready acquiring infrastructure for Wio Bank with zero legacy technology dependency, positioning the bank to scale faster in a rapidly evolving cashless economy.
As part of the partnership, Wio Bank will deploy Credit+, Pine Labs’ modular, API-first acquiring platform, to power its core acquiring operations. The move is expected to significantly enhance merchant onboarding speed, enable real-time settlement, and support seamless multi-mode payment acceptance at scale.
The Credit+ platform has been built for high performance and flexibility, enabling intelligent rule-based workflows, data-driven decision-making, and continuous optimisation of payment acceptance rates. It also manages the entire merchant acquisition and lifecycle journey through a developer-friendly, tech-first architecture, making it well-suited for digital-first banks operating in high-growth markets.
Designed on a cloud-native, microservices-based framework, Credit+ allows Wio Bank to efficiently scale acquiring volumes while maintaining high availability, enterprise-grade security, and strict regulatory compliance. The architecture supports rapid feature rollouts, real-time operational insights, and strong resilience, ensuring uninterrupted payment services even as transaction volumes grow.
This partnership reflects Pine Labs’ broader strategy of working with leading banks and enterprises worldwide to modernise legacy financial infrastructure using modular, cloud-native platforms. With a strong local presence and deep expertise in payment technologies, Pine Labs continues to play a key role in enabling next-generation digital payment ecosystems.
