Phoenix Venture Partners leads $3.5 million round in UAE fintech Sav

UAE-based consumer fintech Sav has raised $3.5 million in a pre-Series A round led by Abu Dhabi-based Phoenix Venture Partners (PVP), with participation from co-investors from the investor base of Phoenix Venture Partners Innovation Fund (PVPIF). Founded in 2022 by Purvi Munot and Mithil Ajmera, Sav provides an AI-powered personal finance platform that enables users to aggregate and manage their financial accounts, savings, investments, credit, payments and other financial products through a sin