Sav Raises $3.5M Pre-Series A

Sav, a Dubai, UAE-based consumer fintech platform, has raised $3.5 million in Pre-Series A funding to scale its AI-native financial platform and expand its capabilities across artificial intelligence, open finance, investing, precious metals, and credit.

Investors

The round was led by Phoenix Venture Partners, with participation from 394H Capital, Vestalia Investments, Majlis Investment Management, 500 Sanabil, and KAUST Innovation Ventures, as well as family offices and angel investors. The latest financing brings Sav’s total funding to $5.5 million.

Sav Use of Funds

Sav will use the new funding to launch its credit product, expand its operations across the GCC, and build connectivity to financial accounts globally. The capital will also support the continued development of its AI-native platform and broader financial services capabilities.

About Sav

Founded in 2022 by Purvi Munot and Mithil Ajmera, Sav is building a financial operating system for global expatriates. Its platform connects customers’ financial accounts across institutions, countries, and currencies, using AI to provide personalized insights and recommend financial actions across saving, spending, investing, and credit. The company has now surpassed 100,000 users across its markets and has subsidiaries in the UAE, Saudi Arabia, and India.

Funding Details

Company Website: https://sav.money

Company: Sav
Raised: $3.5M
Round: Pre-Series A
Funding Date: September 7, 2026
Lead Investor: Phoenix Venture Partners
Additional Investors: Phoenix Venture Partners Innovation Fund co-investors
Company Website: https://sav.money
Software Category: Fintech
Source: https://www.zawya.com/en/press-release/companies-news/phoenix-venture-partners-leads-savs-3.5mln-pre-series-a-round-to-accelerate-expansion-into-saudi-arabia-480243