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

This Olympian curbed his unhealthy porn habit – here are the signs and steps to recovery

If you are worried about your porn use, Ince recommends seeking out support from a…

8 hours ago

Why have obesity rates doubled since 1993?

Obesity can be a risk factor for several chronic conditions including type 2 diabetes, heart…

14 hours ago

Saudi Arabia, Turkey and Pakistan sign defence agreement

Furthermore, the Saudis will be keenly aware of last year's Israeli strikes on Doha, targeting…

17 hours ago

Ebola in DR Congo: Childhood deaths rise; hopes raised over new vaccine

Children and women continue to bear a disproportionate share of the outbreak in Ituri, the…

21 hours ago

Moment earthquake shakes hospital operating room in Japan

Newly-released security camera footage shows the moment last month's magnitude 6.8 quake shook Kumamoto General…

1 day ago

Israel charges settler over killing of Palestinian involved in Oscar-winning West Bank film

Israeli prosecutors have charged a settler over the killing of a Palestinian activist in the…

2 days ago