Fintech Insider Podcast by 11:FS cover image

869. Insights: How Wio Bank made a profit in just one year with CEO Jayesh Patel

Fintech Insider Podcast by 11:FS

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Building a Future-focused Bank for Digital Customers

The chapter features a CEO discussing the establishment of WIO Bank and its focus on digital customers by offering services like digital account opening, multi-currency accounts, and virtual cards for business clients. They delve into the platform model of the bank, emphasizing partnerships with other companies for service offerings, and discuss plans for embedded finance and banking as a service. Additionally, they highlight the company's emphasis on simplicity, usability, and empowering customers through their apps, leading to rapid success through a focus on quick execution and hiring talented individuals.

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