In a major development for the fintech and proptech sectors, fractional real estate investment platform Stake has successfully raised $31 million in a Series B funding round. The investment was led by Dubai's Emirates NBD, with significant participation from Abu Dhabi's sovereign wealth fund Mubadala Investment Company, Middle East Venture Partners (MEVP), and other strategic backers including Property Finder, STC NICE, Wa’ed Ventures, GFH Partners, and Ellington Properties.
This capital injection brings Stake's total funding to $58 million, following previous seed, pre-Series A, and Series A rounds. The company, founded in the UAE in 2021 and expanding into Saudi Arabia in 2024, reported serving over 2 million users from 211+ nationalities. Its platform has enabled more than 250,000 investments across 500+ properties and four real estate funds, with total transactions surpassing $381 million and over $15 million paid out in rental income to investors.
The funding is earmarked for a strategic expansion focused on artificial intelligence (AI), tokenization, and new product development. Stake has received an in-principle license approval from Dubai's Virtual Asset Regulatory Authority (VARA), positioning it to launch tokenized real estate offerings. The capital will also fuel geographic expansion within the GCC and potentially Southeast Asia, alongside scaling its operational and compliance teams.
Nareej Makin, Emirates NBD’s group head of strategy, analytics and VC, highlighted the platform's role in improving access and transparency for real estate assets, which are foundational in investment portfolios. Stake's co-founder and co-CEO, Rami Tabbara, stated the investor roster signals strong regional conviction in technology-driven transformation.
The investment underscores the maturation of the fractional ownership model and the broader Middle Eastern fintech ecosystem's commitment to diversifying beyond hydrocarbons. It validates Stake's business model at a time when regional investors seek regulated, lower-barrier entry points into property markets.