Sarwa and Onfido Bring the First 100% Digital Account Opening Process to the UAE’s Wealth SpaceCommunity News 13 Mar 2018 09:23 am
March 13, 2018 - Dubai, UAE: Sarwa is the first robo wealth advisor in the Middle East, regulated by the Dubai Financial Services Authority under the Innovation Testing License, a special license designed for Fintech startups to rollout innovative solutions for the region.
Sarwa aims to make investing easy and accessible to everyone. In today’s world, customers have high expectations and want a fast and seamless experience in everything they do: everyone hates paperwork, and the hassle it comes with. That is why Sarwa has teamed up with leading identity verification specialist Onfido to bring to the UAE’s wealth space the first 100% digital account opening process.
Sarwa obtained DFSA regulatory approval to integrate Onfido into its onboarding process, allowing the team to verify client identity at unprecedented speed. No paperwork, no physical signatures, and no meetings - just a picture of your passport, and a selfie is enough to get you set up.
Thanks to the Onfido team (Yuelin Li, Clare Joy), Sarwa’s clients enjoy an intuitive and online investment experience while the company robustly meets the regulatory, AML (anti-money laundering) and security standards.
Sarwa Digital Wealth is a privately owned investment advisory institution that aims to offer customers the simplest and most cost-effective solutions for them to invest their earnings for long-term financial growth. Sarwa is incorporated in the DIFC, and is regulated by the DFSA. www.sarwa.co