DFSA Grants Sarwa Digital Wealth Ltd In-Principle Approval for Innovation Testing Licence

The Dubai Financial Services Authority today granted Sarwa Digital Wealth Limited, an automated investment advice service, in-principle approval  for its Innovation Testing Licence. The DIFC-based company becomes the first FinTech operator to receive approval for this special class of financial service licence developed specifically for FinTech firms. The DFSA’s ITL…