How Sarwa Reached $10B In Trading Volume: Mark Chahwan ??

Introduction

Mark Chahwan, a Lebanese entrepreneur, embarked on an incredible journey that transformed the investment landscape in the Middle East. His venture began with a personal mission to help his mother invest her money wisely. During a visit to Lebanon, he realized that many people in the region found investing to be an intimidating endeavor. While investment platforms in Canada provided accessibility and convenience, none allowed users from the Middle East to register.

Recognizing this gap in the market, Mark decided to take action. In 2017, he teamed up with fellow schoolmates Nadine Mezer and J Say, and together they founded Sarwa. To kickstart their business, the trio joined Dubai's DFC Fintech Hive accelerator program. This step proved pivotal as it not only provided them with essential guidance but also enabled them to secure the necessary license and funding from angel investors, including Shoruk Partners.

Sarwa’s concept was straightforward: leverage technology to make investing accessible to everyone. Their platform quickly gained traction, and by 2021, they successfully raised $ 15 million in funding. Fast forward to 2024, Sarwa celebrated a remarkable achievement, surpassing $ 10 billion in total trading volume, and garnering over 180,000 registered users. Mark and his team have effectively changed the way people in the Middle East approach investing, turning what was once considered intimidating into an accessible opportunity for all.

Keywords

Mark Chahwan
Sarwa
Investment
Middle East
Trading Volume
Fintech
DFC Fintech Hive
Angel Investors
Technology

FAQ

1. Who is Mark Chahwan?
Mark Chahwan is a Lebanese entrepreneur and co-founder of Sarwa, a fintech platform that aims to make investing accessible to everyone in the Middle East.

2. What is Sarwa?
Sarwa is an investment platform that leverages technology to simplify and democratize the investing process for users in the Middle East.

3. When was Sarwa founded?
Sarwa was founded in 2017 by Mark Chahwan, Nadine Mezer, and J Say.

4. How much trading volume did Sarwa reach?
In 2024, Sarwa reached a total trading volume of $ 10 billion.

5. How many registered users does Sarwa have?
As of now, Sarwa has over 180,000 registered users.

6. What kind of support did Sarwa receive during its launch?
Sarwa was part of Dubai's DFC Fintech Hive accelerator program, which helped them secure a license and funding from angel investors.