UAE-based proptech company Keyper has closed an $11 million Series A round led by Speedinvest, with participation from NeoVentures, the corporate venture capital arm of Mashreq, Middle East Venture Partners, Dubai Future District Fund, Property Finder, Arab National Bank, Ellington Properties, Dar Ventures and Abbey Road Investment Group.
The round follows a previously announced $30 million Sukuk financing agreement with Franklin Templeton and will be used to expand Keyper’s monthly rent payment platform, bring on institutional landlords and large residential portfolios, and introduce new financing and liquidity products for property owners.
Keyper’s core proposition sits at the point of friction that defines renting across the Gulf: tenants are expected to pay a full year’s rent upfront, typically in a handful of post-dated cheques, while most landlords have no digital visibility over their portfolios.
The company converts those annual obligations into monthly digital payments for tenants while giving landlords upfront rental income, and wraps property management tools and embedded financial services into a single platform.
Since launch, Keyper has financed more than $44 million in rent value, with $19 million of that in 2026 alone. The platform now supports more than 10,500 properties valued at over $6 billion, serves 4,000 landlords and has passed 100,000 app downloads.
Strategic partnership agreements are in place with the Dubai Land Department, Abu Dhabi Advanced Real Estate Services, Visa and Mashreq, among others.
“At Speedinvest, what attracted us the most was not the size of the opportunity but the team’s ability to execute against it. Omar and Walid are reimagining the rental experience by addressing one of the region’s largest pain points: the disconnect between how tenants earn and how rent is paid. Today, the Keyper platform brings together payments, financing, and property management, solving real problems for all sides of the market. We are excited to lead the Series A and support the company’s next stage of growth,” Rana Abdel Latif, Partner at Speedinvest said in a statement.
“At NeoVentures, Mashreq’s corporate venture capital fund, we are proud to partner with visionary businesses that are reshaping financial services and accelerating the next wave of digital transformation across the banking ecosystem. That is why we are thrilled to co-lead Keyper’s Series A investment round, as we see this as the start of a strategic partnership focused on creating long-term value for both organizations and the customers we serve. By combining Keyper’s innovative solutions with Mashreq’s scale and capabilities, we aim to modernize rental payments and unlock market liquidity, ultimately delivering seamless digital experiences and enhanced flexibility through transformative solutions for tenants and landlords across the UAE and beyond,” Amith Rajan, Executive VP, Head of Wholesale Digital Banking at Mashreq and CEO of NeoVentures added.
By making rent payments more flexible and accessible, Keyper is directly contributing to D33’s ambition of making Dubai one of the most attractive cities for global talent to live in, which in turn drives market access for the VC ecosystem,” Nader AlBastaki, Managing Director of Dubai Future District Fund further explained.
“Last year, Dubai alone registered over AED100 billion in tenancy contracts, yet most of that rent is still paid the way it was a generation ago: an entire year settled through a handful of post-dated cheques. It is one of the largest pools of recurring payments in the GCC, and almost none of it has been digitised. This is not a rent app. It is the infrastructure layer for residential real estate, and whoever owns those rails will sit at the centre of how an entire market pays, borrows and invests against its homes. But what excites us most is what comes next. Once those recurring cash flows become digital, transparent and predictable, they create the foundation for the next generation of capital markets, from private credit and securitisation to entirely new institutional investment products. That is the infrastructure we are backing, and that is where we believe long-term value will be created,” Khalid S. Alghamdi, CEO of ANB Capital said.
“We are proud to have attracted a top-tier 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,” Omar Abu Innab, Co-Founder and CEO of Keyper added.
