Dubai-based Stake raised $8 million in pre-Series A from BY Ventures and others


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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