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Enabling a New Generation of Middle East Investors

Enabling a New Generation of Middle East Investors

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Date Published: Tue, Aug 3, 2021 Updated on: Fri, Jul 7, 2023

I’m excited to announce that our app is finally ready for download to users in select GCC countries.  It’s been a long 12 months, but we are just getting started.

From day one, our goal has been to build a better investment experience, by taking a content first approach that focuses on providing news and educational insight for a new generation of investors. Ultimately, we want to make investing accessible to everyone.

One of the biggest obstacles faced by regional investors is the complex and difficult to navigate interface offered by traditional trading platforms, not to mention long and arduous registration processes, and a lack of understanding around how the markets work.

Our mobile app aims to change that with a five-minute digital onboarding process that gives you instant access to over 5,000 US-listed securities, including stocks, Exchange Traded Funds and fractional shares that allow you to invest with as little as $1.  We’ve also added a simplified dashboard to monitor your portfolio, an investment academy, highlights from our daily newsletter, and world class equity research to help you make informed decisions about your investments.

Like most things in life that are worth having, this didn’t come easy. And there are a few people I’d like to thank:

  • Our customers, and especially our 10,000+ waitlist subscribers, for their patience and understanding
  • The baraka team, who have worked tirelessly, navigating pandemic restrictions, and coordinating across multiple time zones to make this launch happen – I couldn’t have hoped for a better group of dedicated and hardworking individuals to build this company with
  • Our highly supportive investors at Y Combinator, Class 5 Global, VentureSouq, Global Founders Capital, FJ Labs, The Community Fund, Raptor Group, Tribe Capital, Nuwa Capital, and an incredible bunch of Angel investors who believed in our vision from the very beginning
  • The team at Y Combinator for selecting baraka for the Summer 2021 cohort – this was a particularly proud moment for us, given we were only the fourth UAE company to receive YC backing

We’re really excited to share the baraka app with all of you – if you haven’t already, we invite you to download the baraka app, start investing, and please make sure to tell us what you think. We’re here to listen.