Fintech platform Stake officially launches in Saudi Arabia

Stake Platform in Saudi Arabia
Image Credits: Stake | Cropped by GBN
By Shilpa Annie Joseph, Official Reporter
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Stake, the leading global digital real estate investment platform in the Middle East and North Africa (MENA) region, has officially launched in the Kingdom of Saudi Arabia.

As the first platform regulated by the Capital Market Authority (CMA) to offer individuals outside the Kingdom the chance to invest in Saudi real estate, Stake is poised to revolutionize the investment landscape in Saudi Arabia.

In partnership with the prominent developer, Al Rajhi Seventh “RJ7”, Stake has carefully selected an income-generating commercial building located in North Riyadh for its inaugural fund on the platform. As part of its launch, Stake has partnered with Mulkia Investment Company, a leading Saudi asset management firm.

The collaboration aims to create private real estate funds specifically designed for the Saudi market. Managed by Mulkia and distributed via Stake’s digital platform, these funds seek to reduce entry barriers and make investing in high-quality real estate assets more accessible.

Together, Stake and Mulkia will offer a robust pipeline of real estate opportunities, ranging from residential to commercial properties, all aligned with Vision 2030’s economic transformation goals.

Stake empowers investors with digital access to curated, Sharia-compliant real estate investments starting from as little as $133 (SAR 500) via its app. With a mission to democratize real estate ownership, Stake has already built a global community of over 800,000 users.

“Saudi Arabia is a cornerstone of Stake’s vision to redefine real estate investment. The Kingdom’s thriving economy and Vision 2030 initiative align perfectly with our mission to provide inclusive and borderless access to high-potential property markets. By entering Saudi Arabia, we are inviting investors worldwide to participate in its exciting growth story,” said Manar Mahmassani, Co-Founder and Co-CEO at Stake.

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