“When I moved to the region, it was surprising to see that people didn’t invest in digital assets much as there were little to no provisions for that,” said the founder and chief executive. “Many people in the region earn tax-free income and don’t invest. It’s a big part of why I launched baraka because very few fintechs offered investment options. I wanted to make an app I would’ve loved to use based on my experience as a professional investor.”

https://techcrunch.com/2022/11/15/valar-ventures-backs-online-brokerage-platform-baraka-in-its-20m-round/