Q1 2026$251M raised3 deals9 new startups84 open roles

Baraka

Commission-free investing in US and UAE stocks for the GCC

Y Combinator-backed investment platform enabling GCC retail investors to trade US and UAE stocks and ETFs commission-free. DFSA-regulated.

FROM THE EDITOR'S DESK

Baraka has the rare combination of YC pedigree and DFSA regulation — Silicon Valley product thinking wrapped in a compliance framework Gulf investors actually trust. Commission-free investing addresses a real access problem: retail participation across the Gulf remains a fraction of US levels, not due to lack of wealth but lack of accessible platforms.

The bigger strategic question is whether Baraka can build a large enough base before incumbents modernize their own platforms. Robinhood's trajectory offers both a template and a warning. Baraka's path to profitability likely runs through premium features and product distribution rather than pure trading volume.

TEAM

Feras JalboutFounder & CEO
Kunal TanejaCo-Founder & CTO

SNAPSHOT

Founded2020
Total Raised$25M
CategoryFintech
StatusActive
Team Size51-100
LocationDubai, UAE

FUNDING HISTORY

NEWS ABOUT BARAKA

Funding Newsa year ago

UAE Investment Fintech Baraka Lands $20M Series A

Baraka closes $20M Series A led by Peter Thiel's Valar Ventures to expand stock trading across GCC and Egypt.

DXB Start·1 min read

OPEN ROLES

Senior Software Engineer

Hybrid·Full-time