Digital real estate investment platform Stake announced it has secured $14 million (Dh 51.4 million) in funding, spearheaded by Middle East Venture Partners (MEVP), along with contributions from Aramco's Wa'ed Ventures, Mubadala Investment Company, and US-based private investing platform Republic. With a user base exceeding 500,000, Stake plans to use these funds to enter the Saudi market and provide non-Saudis the chance to invest in the region's largest economy. Additionally, the capital will support the expansion of its rapidly growing investor base, introduce new investment prospects on the platform, and enhance its team to develop its globally recognized, market-leading product. Since its inception in 2021, Stake has facilitated global investors in acquiring fractional ownership with an initial investment as minimal as Dh500. The platform has successfully transacted over 200 properties valued at Dh355 million through its app, with more than 50% of its investors hailing from outside the UAE. Rami Tabbara, co-founder and co-CEO of Stake, highlighted that the fresh funding will bolster the platform's expansion within the UAE and its launch in Saudi Arabia. “We are supported by a premier group of investors who have placed considerable faith in Stake and our future endeavors. We are committed to fully digitizing the real estate investment process and have just begun to realize our vision of making real estate accessible, transparent, borderless, and liquid,” he stated. The Saudi market is projected to expand by 6% in 2025, positioning it as one of the swiftest-growing economies among the G20 nations.