Stake, a proptech company that allows people to invest in property quickly and easily, has raised a $31 million in a round led by Property Finder.
Stake operates an "invest, earn, exit" fractional real estate investment platform that has over two million users. The company's website says the average return on investment in 2025 were 10.2%.
The company says it will use its funds to expand to Saudi Arabia and enhance its suite of products.
Manar Mahmassani, co-founder and CEO at Stake, said:
"“Saudi Arabia is a strategic growth market for us, and this round allows us to deepen our investment in the Kingdom by expanding our local capabilities and scaling our CMA-regulated offering to meet growing demand from both regional and international investors.”
We have a tasty roundup for you this week, and we'll start with an obligatory Zillow story... North America:...
Read More
This week's People Roundup starts in Asia before flying over to Europe... Asia: PropertyGuru appoints chief information security officer...
Read More
Commercial real estate data firm CoStar Group is in the closing stages of buying the housing market data specialist Zonda...
Read More
Realtracs, the MLS in Nashville, has reportedly told its broker members that it is preparing to shut off Zillow’s access...
Read More
