Baraka logo

BarakaGrow Your Wealth With Baraka

💸Hey YC, we’re baraka (S21), an investment app built for people in the Middle East. 📱 Our product This is how we do it: • 6,000+ stocks and ETFs – the freedom to choose the companies and industries that you want to back • The power of financial literacy – educational content, digestible market news and in-depth stock analysis • Fractional Shares – the ability to start investing with smaller sums of money • Fair pricing – Transparent, low commission pricing model • Easy to use – intuitive user journey and interface 🕒 What's Next? The app is available in countries across MENA. Check out our website: getbaraka.com. Please reach out to give us feedback, discuss product, go-to-market strategy or anything else on [email protected]. Feras & Kunal

2021-06-23
Active
Early
S21
34
Fintech
United Arab EmiratesMiddle East and North AfricaRemotePartly Remote
Baraka screenshot
More About Baraka

Baraka: Invest in US Stocks and ETFs From The GCC

Effortless Investing for GCC Investors

Key Features

  • Auto-Invest: Automate your investments and eliminate the hassle of deposits.
  • Stock Analysis & Reports: Access detailed stock analysis and reports from LSEG.
  • Sharia Screener: Invest without compromising your personal beliefs.
  • Dividend Reinvestment Plan (DRIP): Reinvest your cash dividends into additional shares.
  • Investor Calendar: Monitor relevant information and updates for your portfolio.
  • Income Center: Track all your earned income from dividends on stocks, REITs, and bond ETFs.

Use Cases

  • Long-term Investment: Build and manage your wealth with strategic long-term investments.
  • Ethical Investing: Utilize the Sharia Screener to ensure your investments align with your values.
  • Automated Investing: Use Auto-Invest to automate your investment process.
  • Income Tracking: Keep track of your dividend income effortlessly with the Income Center.
  • In-depth Analysis: Make informed decisions with comprehensive stock analysis and reports.

Pricing

  • Standard Plan: Free access to 6,000+ U.S. stocks and ETFs.
  • Premium Plan: Free for 30 days, then $9.99/month. Includes additional tools like Auto-Invest, Price Alerts, and Investor Calendar.
  • Premium+ Plan: $20/month or $199.95/year. Offers unparalleled investment access and lifestyle membership benefits.

Teams

Baraka is regulated by the DFSA and partners with DriveWealth, a SEC registered broker dealer. Your investments are protected by the SIPC up to $500,000, ensuring trust and security. The team is committed to providing GCC investors with the tools and insights needed to make informed investment decisions.