Visa becomes Sav’s exclusive card network partner across the UAE and Saudi Arabia, bringing flexibility, unique rewards and global acceptance to Sav’s card portfolio
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.
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.
Purvi Munot, Cofounder and CEO of Sav, commented, “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. Consumers increasingly expect more value from the financial products they use every day, and we aim to for this partnership to extend the reach of our trusted, autonomous wealth management platform including our upcoming credit card offering, subject to regulatory approvals, in the future.”
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. Consistent with Sav’s differentiated approach to consumer financial products, which prioritises helping users understand their finances, build savings and accumulate assets before introducing borrowing solutions, the partnership lays the foundation for the platform’s continued expansion across savings, cards, investments and physical gold.
“We are pleased to partner with Sav as they continue to expand their innovative financial platform across the UAE and Saudi Arabia. Consumers across the region are increasingly seeking secure, seamless and digitally enabled payment experiences. 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, ” said Salima Gutieva, Vice President and Country Manager for Visa in the UAE.
Sav users can top up their Sav card instantly from any of their existing bank accounts, and can freeze and unfreeze cards in real time, set spending controls, and monitor every transaction the moment it happens, with bank-grade security built in.
The partnership will also accelerate Sav’s product roadmap, with the planned launch of credit cards, subject to regulatory approvals, alongside multi-currency cards, extending the platform from everyday spending into borrowing and borderless money for the region’s globally mobile consumers. Together, these capabilities strengthen Sav’s AI-powered financial ecosystem, bringing spending, saving, investing and physical gold ownership into a single intelligent platform that helps users build long-term wealth.
