LuLu Exchange: Launches open banking service platform in partnership with Wio Bank

LuLu Exchange: Launches open banking service platform in partnership with Wio Bank

• LuLu Exchange one of UAE’s leading financial services company, has joined hands with Wio Bank
• Allow Wio Business customers to make account deposits through its network
• The partnership is a first of its kind in the UAE and significantly diversifies the scope of financial services
• Partnership with Wio is a real-world use case of how fintech capabilities combined with our network
• Activated only cash deposit service, with cash withdrawal set to be launched soon
• The company already caters to a substantial MSME customer base that can benefit from such partnerships