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The Tech-industry awards may not be as glamorous as the Cannes Festival taking place now, but they sure put a big smile on our faces, especially that we can proudly say we are winning!

This is why we are so excited to share with you that we have been named as the ‘Fintech Startup of the Year UAE 2019’ by International Business Magazine.

These awards are also a good summary of what is happening in this rapidly changing industry. Take for example Fintech companies. You might not know what Fintech means. It’s a term – a mashup of Financial + technology – used to describe new tech that seeks to improve and automate the use of financial services. In general these companies are the brainchild of people who decided to change the status quo and saw an opportunity to improve on the traditional ways of delivering these services.

Let’s talk about Sarwa. We took one look at the landscape here and thought: hey! There is a better way to do this. Sarwa was born to bring a better service to the industry, and change the perception that investing is a luxury by making it easy, simple and affordable. The whole process is done online, within a few minutes, using facial recognition and smart technology, without having to leave the couch. And it only takes $500 to start investing!

Fintech is a competitive space, specially here in the region where there are so many opportunities for improvement. This is why we are so proud to receive this award.

It is another cherry on the cake that the team has been working so hard on the launch of the platform in February 2018. It follows other big announcements we had earlier this year, one of which is Sarwa being named as one of the Top Arab Startups shaping the fourth industrial revolution, by the World Economic Forum.

Mark Chahwan said of the win, ‘ we pride ourselves in taking a non-traditional approach and always thriving to better the service and products we offer our clients. We are continuously looking for innovative ways to improve our platform and the user experience, which lead to a true disruption in the industry. Being recognized by our peers is an acknowledgement of the hard work put in by all the team.’

Sarwa is now in its second year of operations and growing 30% month on month, with more than 7000 users registered. And that is only the start: we have some exciting news to announce soon. So stay tuned!


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Important Disclosure:

The information provided in this blog is for general informational purposes only. It should not be considered as personalised investment advice. Each investor should do their due diligence before making any decision that may impact their financial situation and should have an investment strategy that reflects their risk profile and goals. The examples provided are for illustrative purposes. Past performance does not guarantee future results. Data shared from third parties is obtained from what are considered reliable sources; however, it cannot be guaranteed. Any articles, daily news, analysis, and/or other information contained in the blog should not be relied upon for investment purposes. The content provided is neither an offer to sell nor purchase any security. Opinions, news, research, analysis, prices, or other information contained on our Blog Services, or emailed to you, are provided as general market commentary. Sarwa does not warrant that the information is accurate, reliable or complete. Any third-party information provided does not reflect the views of Sarwa. Sarwa shall not be liable for any losses arising directly or indirectly from misuse of information. Each decision as to whether a self-directed investment is appropriate or proper is an independent decision by the reader. All investing is subject to risk, including the possible loss of the money invested.

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