NEO PAY and Wio Bank Launch Flex-Pay POS Lending for UAE SMEs

Editorial Team

Last updated 19-01-2026

3 min

NEO PAY and Wio Bank launch point-of-sale lending for UAE small merchants.

Financing is based on “actual sales data”, not paperwork or lengthy approvals.

Repayments “ease off” when sales dip, helping SMEs manage cash flow swings.

The scheme targets everyday needs like inventory, marketing and small expansions.

Both firms say it gives merchants faster capital and clearer cash flow insights.

NEO PAY has teamed up with Wio Bank PJSC to roll out a new point-of-sale lending option aimed squarely at small and medium-sized merchants across the UAE. It’s one of those developments that sounds technical on paper, but on the ground could make a real difference for shop owners juggling cash flow day in, day out.

The idea is fairly simple, and that’s the beauty of it. Merchants can access financing based on their actual sales data, rather than wading through the usual paperwork and waiting weeks for approvals. Repayments are tied directly to revenue, which means when sales dip, instalments ease off too. That’s spot on for SMEs who live with constant ups and downs, especially in retail and food.

Vibhor Mundhada, CEO of NEO PAY, described the move as a way to give merchants quicker and easier access to capital, calling the partnership with Wio Bank a step forward in making financial support more practical and accessible. From his perspective, it’s about backing merchants at every stage of their journey and rethinking how financing should work in a fast-moving market.

From the banking side, Jayesh Patel, CEO of Wio Bank PJSC, pointed to the central role SMEs play in the UAE economy. He said the collaboration helps businesses tap into timely funding while also gaining real-time insights into their cash flow, so they can grow with more confidence rather than crossing their fingers every month.

I’ve seen, over the years around Arageek’s community, how founders often miss opportunities simply because money is stuck in limbo. Inventory orders delayed, marketing campaigns postponed…well, you know? So linking funding directly to point-of-sale data feels like a bit of a game changer, or at least a solid nudge in the right direction. I reckon it beats the old model hands down, even if I’m not a fan of how long traditional banks still take to say yes.

The funding can be used for everyday but crucial needs, such as stocking up inventory, launching a new marketing push or even small-scale expansion. On the flip side, it also reduces risk, since repayments automatically adjust to how the business is actually performing. Believe it or not, that kind of flexibility can be the difference between survival and growth for many SMEs.

NEO PAY, which processes over $30 billion in payments annually, has been steadily building tools beyond basic payments, from data analytics to buy-now-pay-later options. Wio Bank, backed by names like ADQ and First Abu Dhabi Bank, has been pushing hard on digital-first banking and embedded finance. Together, this partnership looks designed to cut through the usual faff and give merchants something they can actually use, quickly and without the usual stresss.

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