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Sav has received the authorization for a category 4 license from the DFSA . This expands our scope to offer investments, credit, and remittances to our users.

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Sav is not a bank, financial institution, or a money services provider. Sav is a technology company with a purpose of providing its users tools to visualise and manage their savings efficiently. Sav limits its engagement to extending APIs and technology components of licensed financial services providers to its users. The Sav Card is arranged and provided by Nymcard Payment Services LLC and issued by Mashreqbank PSC, pursuant to license by Visa Inc. Nymcard Payment Services LLC is authorised by the Central Bank of The UAE, holding the Retail Payment Services and Card Schemes license.

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Sav Technologies Limited (“Sav”) (F009281) is regulated by the Dubai Financial Services Authority (“DFSA”). It holds Category 4 license for advising on financial products, arranging deals in investments, advising or arranging on money services, and arranging credit and advising on credit with a Retail Client Endorsement. Sav is registered in Dubai International Financial Centre (“DIFC”) (5474) with its registered address at Unit IH-00-01-02-OF-01 Level 2, Innovation One, DIFC, Dubai, United Arab Emirates.

Sav Technologies Limited is a wholly owned subsidiary of Sav Technologies Inc. registered in Delaware, USA.

https://www.dfsa.ae/public-register/firms/sav-technologies-limited

The Sav Card is issued by Mashreqbank PSC, pursuant to license by Visa. Visa is a registered trademark of Visa Inc. Nymcard Payment Services LLC is authorised by the Central Bank of The UAE, holding the Retail Payment Services and Card Schemes license in accordance with the Decretal Federal Law No. (14) of 2018 Regarding the Central Bank & Organization of Financial Institutions and Activities, and Regulatory Framework.

All promotional materials are provided by Sav Technologies Limited and are intended only for jurisdictions where it is authorized to provide services. They do not constitute an offer or solicitation to provide services in any jurisdiction where it is not permitted to do so. Information contained on this website is of a general nature only and does not consider your financial objectives or personal circumstances. Please visit our Disclaimer Notice page for further information.