Recently, global investment crowdfunding provider Republic partnered with Stake – a real estate investment platform based in Dubai. This was the first time Republic had announced a collaboration with a Middle East Fintech. Stake reports over 475,000 registered users from 165+ countries.
Apparently, Republic sees an opportunity in this part of the world as in a recent blog post, Republic indicated its interest in further expansion into the MENA region, describing Stake as “one of the first steps in Republic’s exciting expansion to MENA.”
Republic stated:
“As a global company, Republic strives to offer truly unique cross-border opportunities. We have eyes towards further development and expansion in the Middle East in 2024, and our collaboration with Stake is just one example of our commitment to deeper involvement and strengthening our ties in the region. Stake’s mission is to democratize the real estate market, ensuring it’s not just an elite playground but a field open to all investors while providing timely exit opportunities, which aligns strongly with Republic’s mission of democratising all investment opportunities. We’re excited to see where this partnership takes us and our Republic community.”
Republic’s acquisition of UK based Seedrs made it the largest securities crowdfunding platform in the world. The company has continued to add features and offerings to expand its business both domestically and internationally. The Republic Note, a unique digital asset that offers profit sharing for investors, is nearing its first distribution.
