UAE fintech Sav secures $3.5M pre-Series A from Phoenix Venture Partners
Abu Dhabi’s Phoenix Venture Partners has anchored a $3.5 million pre-Series A round for UAE consumer fintech Sav. The funding marks the latest backing of a local player in the Emirates’ growing fintech space, where venture interest continues to rise.
Sources: wamda.com
“The round reflects Abu Dhabi’s increasing role as a venture hub, with local funds stepping up to lead early-stage deals in a market often dominated by Dubai-based investors.”
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