Dubai’s Sarwa raises $8.4 million Series A to make investing easy

  • Date: 22-Jan-2020
  • Source: MENAbytes
  • Sector:Technology
  • Country:UAE
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Dubai’s Sarwa raises $8.4 million Series A to make investing easy

Dubai-based investment advisory platform Sarwa has raised $8.4 million in a Series A round, it announced today in a statement to MENAbytes.. It takes total investment raised to date by Sarwa to close over $10 million, which makes it one of the best-funded fintechs of the region.. The round is led by Kuwait Projects Company (aka KIPCO), one of the leading investment holding companies of the region with consolidated assets of over $34 billion, and joined by Dubai International Financial Center, Abu Dhabi Investment Office, Saudi-based Vision Ventures, UK's Hambro Perks.. In parallel, KIPCO, through its regional presence, will support Sarwa in its growth.". Based on the answers, Sarwa builds a portfolio and recommend an investment plan.. With Abu Dhabi Investment Office joining the round, Sarwa's first geographical expansion will be to Abu Dhabi where the company is growing its tech team..