Tag "Sarwa"

Watch Out for These 7 Homegrown Robo-Advisory Platforms in the Middle East

Robo-advisory platforms in the Middle East are quickly taking off, with a number of local players having recently joined the onrush. Robo-advisory platforms provide users with financial advice and portfolio management solutions through algorithms. These algorithms churn user data and

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Sarwa Launches Zero Commission and Transfer Fee Trading Platform

Personal finance and investment platform Sarwa has officially launched Sarwa Trade. The platform allows users to trade stocks and Exchange Traded Funds (ETFs) without commissions, international transfer fees or a minimum account balance, according to a statement. The solution provides

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Personal Finance Platform Sarwa Secures US$15 Million Series B

Dubai-based personal finance and investment platform Sarwa has gathered US$15 million in a Series B round of funding, the company announced in a statement. Abu Dhabi’s sovereign investment firm Mubadala Investment Company led the round. Participating investors included 500 Startups,

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Sarwa To Launch Zero-Commission Trade Service in the UAE

Sarwa, a Dubai-based investment advisory platform, is launching a zero-commission trade service in the United Arab Emirates (UAE). The new feature will allow clients to buy and sell stocks as well as funds through the Sarwa app within a few

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Sarwa Gets Greenlight for Fintech Experimental Permit From Saudi Regulator

Sarwa, a Dubai-based investment advisory platform, was granted a fintech experimental permit by the Capital Markets Authority (CMA) of Saudi Arabia and will be expanding its service there. With the new license in hand, Sarwa can offer its wealth management

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7 Fintech Startups in UAE to Watch in 2021

The United Arab Emirates (UAE) is the largest fintech hub for startups in the Middle East and North Africa (MENA), housing about 50% of the region’s fintech companies. In the UAE, two leading financial free zones, Abu Dhabi Global Market

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DIFC’s 100USD Million Fintech Fund Invests in 4 Fintech Startups

Dubai International Financial Centre (DIFC) announced that it has invested in four FinTech start-up companies. The investment reflects the DIFC’s commitment to driving the future of finance and is part of the USD 100 million FinTech Fund launched in 2019

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Only 14 Fintechs Made the Cut to World Economic Forum’s Top 100 Arab Startups List

Entrepreneurship is booming across the Middle East and North Africa (MENA) with startups in the region raising an astonishing US$900 million through 386 deals in 2018, an increase of 31% compared to the previous year. This is according to the

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Robo-Advisor Sarwa Raises New Round of Funding

Sarwa, the first regulated automated investment advisory platform in the region, announced that it received over $1.3M in its pre-series A round of financing. The funds raised include investments from major international and regional venture capital firms. Shorooq Investments from

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The First 100% Digital Account Opening Process to the UAE’s Wealth Space

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

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