Property Finder backs Stake to drive MENA PropTech growth

Property Finder backs Stake to drive MENA PropTech growth

Property Finder, the MENA region’s largest property platform, has announced its investment in Stake, a fast-growing PropTech firm transforming access to real estate investment across the Middle East and North Africa, according to a report from Wamda.

The financial terms of the deal were not disclosed.

Stake, a digital real estate investment platform, allows users to invest in fractional property ownership and private real estate funds starting from as little as AED 500. Its platform aims to democratise property investment by making it more transparent, liquid, and accessible to retail investors.

The funding will enable Stake to accelerate its mission of making property investment seamless for the next generation of investors while strengthening its product capabilities and regional footprint.

Property Finder CEO Michael Lahyani said, “We’ve seen first-hand how Stake has grown from a promising start-up to a key leader in the region’s tech ecosystem. As a company that shares our values of trust, transparency, and innovation, we’re proud to support their continued growth through this investment.

“We believe that the future of real estate in this region will be shaped by collaboration and innovation. Investing in companies like Stake underscores our belief in the power of technology to expand opportunity and empower consumers across the property journey.”

Stake co-founder and co-CEO Rami Tabbara said, “We are thrilled to welcome Property Finder as a shareholder and investor.

“Having the region’s leading property platform believe in our mission and invest in our growth is a huge endorsement of what we’re building. Property Finder has always championed innovation and consumer empowerment in real estate, and this partnership creates a powerful alignment to accelerate the evolution of the ecosystem for investors, sellers and homeowners alike.’This latest investment reflects Property Finder’s broader ambition to nurture the MENA tech ecosystem by backing high-growth innovators that align with its vision of building a more transparent, efficient, and data-driven real estate market.

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