Keyper Raises $11M Series A to Scale Monthly Rent Payments and Digital Real Estate Infrastructure

Keyper news feature: a man in a suit in front of a dark background with the headline about Keyper’s $11M Series A for rent payments and real estate infrastructure (Proptech Connect).

Keyper, the UAE-based proptech company, has raised US$11 million in a Series A funding round led by Speedinvest, alongside NeoVentures, a wholly owned subsidiary of Mashreq and the bank’s Corporate Venture Capital Fund, Middle East Venture Partners (MEVP), Dubai Future District Fund (DFDF), Property Finder, Arab National Bank, Ellington Properties Development LLC, Dar Ventures and Abbey Road Investment Group.

Keyper combines rent payments, property management technology and embedded financial services within a single platform. The company has signed strategic partnership agreements with the Dubai Land Department, Abu Dhabi Advanced Real Estate Services (ADRES), Property Finder, Visa, Mashreq and others to accelerate the digital transformation of rental payments through its Rent Now, Pay Monthly and other products across the UAE.

Omar Abu Innab, Co-Founder and CEO of Keyper, said, “We are proud to have attracted a group of investors and strategic partners that have endorsed Keyper’s ongoing mission to transform the UAE’s property sector, and enable a fully digital journey for owners and renters alike.”

The newly raised capital will be used to expand Keyper’s monthly rent payment platform, accelerate adoption among institutional landlords and residential portfolios, introduce financing and liquidity solutions for property owners, and further strengthen its broader ecosystem of property management and other real estate services.

Source

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