Partnership combines supply chain finance for Kibsons’ vendor ecosystem with cashback rewards
The partnership combines Wio’s business and personal banking capabilities to support Kibsons’ fast-moving supply chain, while delivering added value and convenience for customers.
As part of the partnership, Wio is providing Kibsons with supply chain finance solutions, designed to support its operations and wider vendor ecosystem across import, distribution, retail and e-commerce.
Critical role
With a large and diversified supplier base, Kibsons plays a critical role in keeping fresh food moving efficiently across the UAE. Wio’s financing solution will help improve liquidity and cash-flow visibility across this supply chain, enabling smoother supplier payments and supporting the business as it continues to scale – without disrupting existing operations.
“Kibsons is a trusted, homegrown brand that sits at the heart of how households across the UAE access fresh food. By supporting their supply chain and vendor ecosystem with flexible financing, we are helping strengthen a real‑economy network that millions rely on every day,” commented Prateek Vahie, Chief Commercial Officer, Wio Bank.
“The 10% cashback offers a practical, meaningful perk on weekly grocery spend. It’s a partnership that enhances how we operate behind the scenes while delivering tangible value to customers in their day-to-day lives,” affirmed Halima Jumani, CEO, Kibsons.
