Dubai-based Stake raises $8 million to let people across the globe invest in local properties

Dubai-based startup Stake is offering retail investors from across the globe to buy fractions of rental property in UAE’s marquee city and earn regular income. The startup, found in 2020, claims that because of Dubai’s real-estate rules it has managed to attract investing users on the platform from over 80 countries in the world.
The company, founded by Manar Mahmassani, Rami Tabbara, and Ricardo Brizido in 2020,  has raised $8 million in a pre-Series A round from investors like BY Ventures, MEVP, and Vivium Holdings to expand its portfolio and launch in Saudi Arabia and Egypt. The company fir

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