Sav, the region’s rapidly growing consumer fintech platform, and Visa, a world leader in digital payments, have signed an exclusive five-year, multimillion-dollar strategic partnership that will see Visa become Sav’s exclusive card network across the UAE and Saudi Arabia.
The collaboration will accelerate product innovation, customer acquisition, and the expansion of Sav’s card ecosystem across both markets, according to a press statement.
As part of the agreement, Sav’s portfolio of cards will now be fully Visa-powered, ensuring seamless global acceptance and access for Sav users including access to Visa’s prestigious global events, partner networks, and innovation resources.
Global acceptance
“Through our partnership with Visa, we’re combining global acceptance with meaningful everyday rewards, while continuing to build an intelligent financial platform that helps users spend, save and grow their wealth more effectively,” stated Purvi Munot, Cofounder and CEO, Sav.
Through this strategic collaboration, Sav users enjoy seamless, secure payments across Visa’s unmatched worldwide merchant network and will benefit from high-value rewards and cashback on both domestic and international spending with exclusive privileges from the global Visa Benefits Program.
Trusted security
“By combining Visa’s global network, innovation capabilities and trusted security with Sav’s customer-centric approach, we look forward to supporting the next phase of growth and delivering greater choice and convenience to consumers, ” added Salima Gutieva, Vice President and Country Manager, Visa, UAE.
Founded in 2022 by Purvi Munot and Mithil Ajmera, Sav is a UAE-headquartered consumer fintech building the financial operating system for global expats.
