Real estate fintech start-up Stake raises $8mn ...United Arab Emirates

In a pre-series ‘A funding’ round, Dubai-based start-up Stake has successfully raised $8mn. This is said to be the largest capital raised by a real estate investment platform in the Middle East and North Africa (MENA) region. The latest funding is backed by venture capital firms MEVP and By Ventures, as well as returning investors Vivium Holding and Combined Growth Real Estate. It follows a $4mn seed round that the company closed in June 2021, bringing the business’ total raised funds to more than $12mn – all achieved in little more than 14 months. The company operates a digital platform that allows investors to invest sums as low as $136.13 to own shares of income-generating properties in D

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Last updated : 31 August 2022 clock 12:08 PM

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Real estate fintech start-up Stake raises $8mn ...United Arab Emirates

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