Dubai-based fintech startup Stake has raised $14 million in a Series A funding round, propelling the company towards its goal of democratizing real estate investment. The funding will be used to fuel the platform’s expansion and enhance its offerings, making it easier for individuals globally to invest in real estate.
Founded in 2021, Stake aims to simplify real estate investing by allowing individuals to invest with as little as AED 500, opening up opportunities to own shares in income-generating properties. Through its digital platform, users can benefit from rental income and capital appreciation as properties increase in value. Since its inception, Stake has attracted over 500,000 users from more than 160 countries, and it has successfully facilitated investments in hundreds of properties across the UAE, amounting to significant value.
The company’s business model represents a shift in how individuals approach property ownership, traditionally seen as a high-barrier investment. Stake allows people to tap into the lucrative real estate market without the hefty capital typically required to buy entire properties. By pooling investments from many individuals, the platform enables fractional ownership, making real estate accessible to a broader range of investors, both locally and internationally.
With the newly raised Series A funding, Stake plans to expand into the Saudi Arabian market. This expansion is significant, as Saudi Arabia’s growing economy presents new opportunities for property investment. The company aims to become the first platform offering non-Saudi investors access to real estate projects in the Kingdom, tapping into a high-potential market driven by rapid economic growth.
Additionally, the funds will be used to further develop Stake’s technology infrastructure, enhance the user experience, and expand the range of properties available for investment. Stake’s focus remains on providing a transparent, seamless, and accessible investment experience, ensuring that both new and seasoned investors can confidently participate in real estate markets across the region.
This funding round marks a major milestone for Stake, following a successful pre-Series A round that helped lay the foundation for its current success. The company has consistently grown its platform and offerings, establishing itself as a key player in the Middle East’s proptech ecosystem.
Looking ahead, Stake is positioned to continue its trajectory of growth, contributing to the broader trend of fintech innovations reshaping the investment landscape. By lowering the barriers to real estate investing, Stake is helping more people build wealth through property ownership while also contributing to the overall growth and diversification of the financial ecosystem in the UAE and beyond.
As Stake expands its platform and reaches new markets, it continues to redefine what’s possible in the world of real estate investment, making it a standout example of how fintech can revolutionize traditional industries.
