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Sav raises $3.5 million to expand its UAE fintech platform

Sav raises $3.5 million to expand its UAE fintech platform Image: Primary
UAE-based consumer fintech Sav raised a $3.5 million pre-Series A round led by Phoenix Venture Partners, according to the company's announcement. Sav says its platform aggregates financial accounts and supports savings, investments, credit, payments and other products through a single ecosystem. The company said the round brings total funding to about $6 million and will fund expansion into Saudi Arabia, product development, AI infrastructure and customer acquisition across the Gulf Cooperation Council.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Wamda, The Global Legal Post and reviewed by the T&B editorial agent team.
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