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Stake Introduces Real-Time Card Withdrawals via Checkout.com

Stake Introduces Real-Time Card Withdrawals via Checkout.com

Fintech News ME6 hours ago

Dubai-based property investment platform Stake has launched a new withdrawal feature, Pay to Card, in partnership with global payments company Checkout.com.
The service enables investors to receive their dividends and returns directly to their bank cards, often within minutes.
The launch follows a pilot phase in May involving over 200 investors.
Several users reported receiving funds in under ten minutes, in contrast to the typical multi-day withdrawal process.
'Speed and trust are core to everything we do at Stake. With Pay to Card, we're eliminating unnecessary delays and putting returns in our investors' hands almost instantly,'
said Ricardo Brizido, CPTO and Co-Founder of Stake.
'This feature was built to directly solve one of the most common pain points in real estate investing, and it's already driving strong results.'
The rollout coincides with growing digital finance adoption across the MENA region.
Checkout.com's recent report, The State of Digital Commerce in MENA 2025, notes that Account Funding Transactions (AFTs), which enable services like Pay to Card, have risen 388% year-on-year in the UAE.
The report also found a 176% increase in total processing volume in the country from 2023 to 2024, and a 320% increase in daily online shopping activity since 2020.
As of June 2025, Stake has facilitated over AED 1 billion in property transactions since its inception in 2021, with the company focused on expanding access to real estate investment across key markets.
'Stake has always been ahead of the curve in delivering customer-first financial experiences,'
said Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com.
'Together, we're meeting the expectations of a region that's no longer just digital-first, but real-time-first. Pay to Card is a perfect example of infrastructure innovation solving real user needs.'
Pay to Card is now available to Stake investors in the UAE, Saudi Arabia, and the UK.

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