Share
Home Sector Banking & Finance ADQ-backed digital bank Wio surpasses $1 billion in Assets Under Administration in less than two years

ADQ-backed digital bank Wio surpasses $1 billion in Assets Under Administration in less than two years

Popular investment themes include US tech stocks like NVIDIA and cryptocurrencies such as Bitcoin and Ethereum
ADQ-backed digital bank Wio surpasses $1 billion in Assets Under Administration in less than two years
Wio Invest recorded over $4 billion in order volume year-to-date, reflecting strong investor interest.

Wio Invest, an investment platform based in the UAE and owned by ADQ, has achieved a significant milestone, surpassing $1 billion in Assets Under Administration (AUA) in less than two years of operation. This accomplishment positions Wio Invest among the fastest-growing digital investment platforms in the world, comparable to leading neobrokers at similar stages of their development.

The platform has evolved to address the shifting needs of a new generation of investors. Initially offering access to U.S. markets, Wio Invest has now expanded to include UAE markets, virtual assets, and wealth management portfolios.

“This latest milestone reflects our commitment to reimagining everyday investing, and we’ve worked hard to build a platform that makes it simpler, smarter, and more accessible for everyone,” stated Gaurav Ganwani, Deputy General Manager at Wio Securities LLC. He further added, “We are passionate about empowering individuals to build long-term wealth through intuitive investment solutions, with a core focus on instant access. Through Wio Invest’s integration with Wio Personal, users can open an account in minutes, invest directly from the app, and benefit from the instant settlement of sell orders.”

Read more: Wio Bank enables instant IPO subscriptions with ADX agreement

Record order volume

Wio Invest has recorded over $4 billion in order volume year-to-date, driven by a new wave of investors who are digitally savvy, financially curious, and focused on building their futures. Among the most sought-after investment themes, users have shown strong interest in U.S. tech stocks such as NVIDIA and Tesla, while in the cryptocurrency realm, Bitcoin (BTC), Ethereum (ETH), and XRP remain favorites, alongside companies like MicroStrategy (MSTR) that have substantial investments in the crypto sector.

The platform has also witnessed solid growth in its recurring orders feature, with index funds emerging as a popular choice, reflecting a growing appetite for consistent, long-term investing. The latest addition to its offerings is Wio Wealth managed portfolios, designed to assist more passive investors in achieving their financial goals.

With zero fees until December 31, 2025, and the flexibility to withdraw at any time without penalties, Wio Wealth simplifies and enhances the accessibility of investing.

In July 2023, Wio Bank PJSC formed a partnership with the Abu Dhabi Securities Exchange (ADX) to streamline the process of subscribing to Initial Public Offerings (IPOs) on ADX. The agreement allows Wio customers to use Wio Bank’s personal banking mobile application to subscribe immediately to UAE IPOs on ADX. Furthermore, the partnership aims to equip customers to apply for leverage at an attractive rate of up to five times the invested amount, enabling them to enhance their share allocation in an IPO.

The stories on our website are intended for informational purposes only. Those with finance, investment, tax or legal content are not to be taken as financial advice or recommendation. Refer to our full disclaimer policy here.