The First 100% Digital Account Opening Process to the UAE’s Wealth Spaceby Company Announcement 17. May 2018
Sarwa is the first robo wealth advisor in the Middle-East, regulated by the Dubai Financial Services Authority under the Innovation Testing License, a special license designed for Fintech startups to roll-out innovative solutions for the region.
Sarwa aims to make investing easy and accessible to everyone. In today’s world, customers have high expectations and want a fast and seamless experience in everything they do: everyone hates paperwork, and the hassle it comes with.
That’s why Sarwa has teamed up with leading identity verification specialist Onfido to bring to the UAE’s wealth space the first 100% digital account opening process.
Sarwa obtained DFSA regulatory approval to integrate Onfido into its onboarding process, allowing the team to verify client identity at unprecedented speed. No paperwork, no physical signatures, and no meetings – just a picture of your passport, and a selfie is enough to get you set up.
Thanks to the Onfido team (Yuelin Li, Clare Joy), Sarwa’s clients enjoy an intuitive and online investment experience while the company robustly meets the regulatory, AML (anti-money laundering) and security standards.