Categories: Business

UAE-based stock fintech baraka raises $20m to fund expansion into KSA and GCC


Wed, 2022-11-16 16:52

CAIRO: UAE-based fintech company baraka raised $20 million in a series A funding round to double down on Saudi expansion. 

With over 6,000 US-listed securities on its commission-free platform, baraka makes investing accessible to all with no minimum investment requirements. 

In an exclusive interview with Arab News, Feras Jalbout, CEO and founder of baraka, said that the company will utilize the majority of its funding for expansion and licensing in new markets. 

Main category:
Business & Economy



Source link

gulftimes

Recent Posts

Israel reopens evacuated West Bank settlement, defying growing international protests

Samer is partially blind and has a leg injury that makes moving difficult."Fear dominates everything.…

5 hours ago

Wellness habits you can start today – at no (or little) cost

The cost of studio memberships can be pretty high, so people are increasingly organising their…

10 hours ago

US says sanctions will ‘squash’ Iran’s economy and ‘collapse’ its regime

The Iranian economy has long been struggling under the weight of decades of international sanctions,…

14 hours ago

UK, France, Germany, Italy and Canada condemn Israel’s West Bank settlement project

Despite an Israeli court challenge to the plans by Bedouin Palestinians living in the area…

15 hours ago

North Korea launches 10 ballistic missiles as US-South Korea drills near end

South Korea’s presidential office condemned North Korea’s launch of more than 10 short-range ballistic missiles…

18 hours ago

China considering summit with Seoul in November, South Korean foreign ministry says

Chinese Foreign Minister Wang Yi said on Wednesday (Aug 19) that Beijing was “actively considering”…

19 hours ago