What is Sarwa?
Sarwa operates as an all-in-one financial platform, providing users with accessible hands-off investing, real-time trading of U.S. stocks and ETFs, high-yield savings accounts, and cryptocurrency trading. The company aims to democratize financial tools, making investing straightforward and secure, fortified by SSL encryption for robust data protection. Sarwa's offerings are diverse, including Sarwa Classic, Sarwa X, Sarwa Crypto, Sarwa Trade, and Sarwa Save. Its commitment to innovation and user-centric financial solutions has earned it recognition as a top Fintech company by Forbes, and it operates under the regulation of the FSRA in the ADGM.
How much funding has Sarwa raised?
Sarwa has raised a total of $24.9M across 3 funding rounds:
Angel/Seed
$1.5M
Series A
$8.4M
Series B
$15M
Angel/Seed (2018): $1.5M with participation from Shorooq Partners, 500 Startups, Hala Ventures, Women's Angel Investment Network, and Middle East Venture Partners
Series A (2020): $8.4M led by Dubai International Financial Centre, ADIA, Kipco Projects Company, Hambro Perks Limited, and Vision Ventures
Series B (2021): $15M supported by Mubadala Investment Company, 500 Startups, Shorooq Partners, Kuwait Projects Company, and Middle East Venture Partners
Key Investors in Sarwa
Shorooq Partners
Shorooq Partners is a leading alternative investments manager in the MENA region, specializing in venture capital and private credit. They partner with visionary founders across various sectors, providing investment and management expertise to fuel growth and create multi-asset opportunities.
Middle East Venture Partners
Middle East Venture Partners (MEVP) provides early and growth-stage funding to technology founders, fostering innovation in tech and society. With over 12 years of experience, MEVP offers patient capital and strategic partnership to help startups scale.
Vision Ventures
Vision Ventures invests in early-stage new media and software businesses, founded in 2007 and based in New York City. They focus on partnering with tenacious entrepreneurs and providing capital based on a company's needs, not fund size.
What's next for Sarwa?
The substantial enterprise-level funding Sarwa has garnered, particularly the recent strategic investment, positions the company for accelerated growth and market penetration. This capital infusion is expected to fuel further development of its holistic financial tools, enhance its trading and savings offerings, and potentially expand its geographical reach. As a regulated entity within the ADGM, Sarwa is well-placed to leverage this backing to solidify its standing as a leading fintech player, driving innovation in accessible investment and wealth management solutions.
See full Sarwa company page
