About sav
Sav is a financial platform by Sav Technologies Limited, authorized by the Dubai Financial Services Authority (DFSA) under a category 4 license. We provide financial solutions including advising on financial products, arranging investment deals, money services and arranging credit.
Sav enables users to manage their money efficiently, with products like saving, investing, budgeting, spending, and shopping. Our flagship AI-led analytics product MyMoney helps users connect their multiple bank accounts and credit cards and identifies opportunities to save and invest the money better. With a focus on security, compliance, and well-being, Sav helps individuals make informed financial decisions with confidence in the UAE.
Sav is not a bank. Sav is a financial services provider that works with other licensed and regulated financial services providers to offer products and services to their users.
No, Sav does not issue any bank accounts. Instead, Sav offers prepaid Visa cards issued by our partner bank, Mashreq Bank PSC, pursuant to their license from Visa. The money in your savings goals is always held with our partner bank in your individual Sav Card.
Yes, without a doubt. All your deposits in Sav Card are safe with our partner issuing bank. We don’t use or reinvest your money.
Yes, Sav is currently available only in the UAE.
No, Sav does not provide any loans.