Terms and Conditions: Saudi Arabia Onboarding Promotion
1. Promotion Overview
The Onboarding Promotion (“Promotion”) is an incentive offered by Hessa Manfea Financial Technology Company. (“Stake”) to encourage eligible individuals to onboard to the Kingdom of Saudi Arabia (“Saudi”) platform and complete the required compliance checks mandated the Capital Market Authority (“CMA”). Eligible participants will receive SAR 100 as a credit, subject to the terms outlined below.
2. Eligibility Criteria
To qualify for the Promotion, participants must:
Successfully onboard to Stake’s Saudi platform by completing all onboarding checks
Existing clients of Stake UAE
Existing clients can participate in the Proportion by completing the onboarding requirements and ensuring that their client relationship is valid, this includes but is not limited to all information required to establish a client relationship that is current and up to date before the expiry of the Promotional Period. For the avoidance of doubt the onboarding process is limited to Stake’s Saudi Platform, which can be unlocked through the Stake App.
New clients
Complete the Know Your Customer (KYC) verification through the Stake platform (mobile application) to be eligible to participate in the Promotion. Completing KYC will result in establishing a client relationship with Stake.
Completing the onboarding requirements and ensuring that their client relationship is valid, this includes but is not limited to all information required to establish a client relationship that is current and up to date before the expiry of the Promotional Period. For the avoidance of doubt the onboarding process is limited to Stake’s Saudi Platform, which can be unlocked through the Stake App.
3. Promotion Details
The SAR 100 credit will be added to the participant’s Stake account once the Eligibility Criteria have been met.
The credit can only be used for investments on the Stake Saudi platform and cannot be withdrawn as cash.
The credit is non-transferable and non-exchangeable.
4. Promotion Period
The Promotion will only be available for the first Stake fund. The details of the participating fund is viewable in the App once onboarding is complete.
Stake reserves the right to end or modify the Promotion at any time without prior notice.
5. Credit Expiry
The SAR 100 credit must be utilized for the first participating fund.
The Promotion is valid for 15 days after creating an account on the Stake Saudi platform.
The promotion is linked to the funding state, which can be viewed on the fund listing page The fund can be funded at any given time and the promotion is not linked to the 15 day limit. For the avoidance of doubt, this means that fund can be funded before the expiry of the allotted 15 days, in such an instance the credit will be forfeited.
Any unused credit will automatically expire once the first fund closes on the platform. Please refer to the funding state should you wish to monitor the fund progress.
6. Limitations and Exclusions
Only one credit of SAR 100 is available per participant.
Users who fail to complete the onboarding process will not qualify for the Promotion.
The promotional value (SAR 100) cannot be invested in insolation. As such a minimum of SAR 400 will be required in addition to the promotional value (SAR 100) to meet the minimum investment amount of SAR 500.
Stake reserves the right to withhold or revoke the credit in cases of suspected abuse, fraud, or any activity that violates Stake’s terms of service.
7. General Terms
By participating in the Promotion, users agree to these Terms and Conditions as well as Stake’s general Terms of Service and Privacy Policy.
Stake is not responsible for any technical issues or delays that may affect a participant’s eligibility or ability to utilize the credit.
Any disputes regarding the Promotion will be resolved at Stake’s sole discretion.
8. Contact Information
For questions or further information about this Promotion, please contact Stake at contact@getstake.com
Terms and Conditions: Saudi Arabia Onboarding Promotion
1. Promotion Overview
The Onboarding Promotion (“Promotion”) is an incentive offered by Hessa Manfea Financial Technology Company. (“Stake”) to encourage eligible individuals to onboard to the Kingdom of Saudi Arabia (“Saudi”) platform and complete the required compliance checks mandated the Capital Market Authority (“CMA”). Eligible participants will receive SAR 100 as a credit, subject to the terms outlined below.
2. Eligibility Criteria
To qualify for the Promotion, participants must:
Successfully onboard to Stake’s Saudi platform by completing all onboarding checks
Existing clients of Stake UAE
Existing clients can participate in the Proportion by completing the onboarding requirements and ensuring that their client relationship is valid, this includes but is not limited to all information required to establish a client relationship that is current and up to date before the expiry of the Promotional Period. For the avoidance of doubt the onboarding process is limited to Stake’s Saudi Platform, which can be unlocked through the Stake App.
New clients
Complete the Know Your Customer (KYC) verification through the Stake platform (mobile application) to be eligible to participate in the Promotion. Completing KYC will result in establishing a client relationship with Stake.
Completing the onboarding requirements and ensuring that their client relationship is valid, this includes but is not limited to all information required to establish a client relationship that is current and up to date before the expiry of the Promotional Period. For the avoidance of doubt the onboarding process is limited to Stake’s Saudi Platform, which can be unlocked through the Stake App.
3. Promotion Details
The SAR 100 credit will be added to the participant’s Stake account once the Eligibility Criteria have been met.
The credit can only be used for investments on the Stake Saudi platform and cannot be withdrawn as cash.
The credit is non-transferable and non-exchangeable.
4. Promotion Period
The Promotion will only be available for the first Stake fund. The details of the participating fund is viewable in the App once onboarding is complete.
Stake reserves the right to end or modify the Promotion at any time without prior notice.
5. Credit Expiry
The SAR 100 credit must be utilized for the first participating fund.
The Promotion is valid for 15 days after creating an account on the Stake Saudi platform.
The promotion is linked to the funding state, which can be viewed on the fund listing page The fund can be funded at any given time and the promotion is not linked to the 15 day limit. For the avoidance of doubt, this means that fund can be funded before the expiry of the allotted 15 days, in such an instance the credit will be forfeited.
Any unused credit will automatically expire once the first fund closes on the platform. Please refer to the funding state should you wish to monitor the fund progress.
6. Limitations and Exclusions
Only one credit of SAR 100 is available per participant.
Users who fail to complete the onboarding process will not qualify for the Promotion.
The promotional value (SAR 100) cannot be invested in insolation. As such a minimum of SAR 400 will be required in addition to the promotional value (SAR 100) to meet the minimum investment amount of SAR 500.
Stake reserves the right to withhold or revoke the credit in cases of suspected abuse, fraud, or any activity that violates Stake’s terms of service.
7. General Terms
By participating in the Promotion, users agree to these Terms and Conditions as well as Stake’s general Terms of Service and Privacy Policy.
Stake is not responsible for any technical issues or delays that may affect a participant’s eligibility or ability to utilize the credit.
Any disputes regarding the Promotion will be resolved at Stake’s sole discretion.
8. Contact Information
For questions or further information about this Promotion, please contact Stake at contact@getstake.com