Dubai-based Stake raised $8 million in pre-Series A from investors including BY Ventures, MEVP, and Vivium Holdings.
Stake is allowing retail investors from all over the world to purchase fractions of rental property in the UAE’s most prominent city and earn a consistent income. The startup claims that because of Dubai’s real-estate rules, it has been able to attract investing users from over 80 countries around the world to its platform. Apart from launching its platform in Egypt and Saudi Arabia in the next 12 months, the company also plans to build a second-day trading platform where investors can sell their stake in a property to other investors.
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Dubai-based Stake raised $8 million in pre-Series A from investors including BY Ventures, MEVP, and Vivium Holdings.
Stake is allowing retail investors from all over the world to purchase fractions of rental property in the UAE’s most prominent city and earn a consistent income. The startup claims that because of Dubai’s real-estate rules, it has been able to attract investing users from over 80 countries around the world to its platform. Apart from launching its platform in Egypt and Saudi Arabia in the next 12 months, the company also plans to build a second-day trading platform where investors can sell their stake in a property to other investors.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
