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Savii

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Niche neobank offering youth-focused spending card and banking app.

Overview

Savii is a neobank that targets individuals aged 13 and older, offering a spending card and a banking application aimed at promoting financial independence. The platform enables users to manage their finances without incurring account fees or maintaining minimum balance requirements, which may appeal to younger consumers. Notable features include the ability to use the spending card at any location that accepts Visa, instant money transfers between Savii users, and the option for direct allowance deposits. Additionally, the app includes a savings feature and a round-up option to assist users in growing their savings. Currently, Savii operates in the UAE and has plans to expand its services to Bahrain.

Key facts

Founded
2020

Business model

Contact

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About Savii

What does Savii do?

Savii is a neobank that targets individuals aged 13 and older, offering a spending card and a banking application aimed at promoting financial independence.

Where is Savii headquartered?

Savii is headquartered in Dubai, United Arab Emirates.

When was Savii founded?

Savii was founded in 2020.

Which sector is Savii in?

Savii operates in Digital Banks, part of Financial Technology.

Who are Savii's competitors?

Companies similar to Savii include Zywa, Ugami, and Whiz.