UAE proptech company Keyper has raised $11 million in Series A funding to expand its monthly rent payment services and build a wider digital operating platform for the residential property market.The investment round was led by European venture capital firm Speedinvest. Participants included NeoVentures, Mashreq’s corporate venture capital subsidiary, Middle East Venture Partners, Dubai Future District Fund, Property Finder, Arab National Bank, Ellington Properties, Dar Ventures and Abbey Road Investment Group.
Keyper plans to use the capital to increase the reach of its Rent Now, Pay Monthly product, attract institutional landlords and large residential portfolios, and introduce financing and liquidity services for property owners. Further investment will be directed towards its property management technology.
The platform allows tenants to convert annual rental obligations into monthly digital payments. Landlords can receive the contracted rental income upfront, reducing the mismatch between tenants’ monthly salaries and the UAE market’s traditional reliance on one or more large post-dated cheques.
Keyper has financed more than $44 million in rental payments since launching its services. About $19 million of that amount was processed during 2026. The company now supports more than 10,500 properties with a combined value above $6 billion and serves about 4,000 landlords. Downloads of its mobile application have crossed 100,000.
The company was founded in 2022 by Omar Abu Innab and Walid Shihabi. Its offering has developed from a digital management application for individual property investors into a platform connecting rent facilitation, portfolio monitoring, leasing, maintenance and embedded financial products.
Keyper had previously secured $4 million in pre-Series A equity financing and a $30 million Sharia-compliant sukuk facility from Franklin Templeton. That followed a $6.5 million seed round completed in 2023, when the platform had attracted about 800 landlords and listed more than 2,100 residential units.
The growth in its portfolio highlights the increasing demand for alternatives to the conventional rental payment system. Although digital transactions have expanded across the economy, post-dated cheques remain widely used for residential leases. Dubai registered tenancy contracts valued at more than Dh100 billion last year, leaving a substantial market for companies seeking to digitise rent collection and financing.
Speedinvest partner Rana Abdel Latif said the investment was driven by Keyper’s ability to execute its business model and address the disconnect between the way tenants earn income and the way rent is collected. She said the combination of payments, financing and property management could solve operational problems for tenants, landlords and managers.
NeoVentures is treating the investment as part of a longer-term strategic relationship. The partnership is expected to combine Keyper’s property technology with Mashreq’s banking capabilities to modernise rental payments, improve liquidity and develop digital services for landlords and tenants.
Keyper has also established partnerships with Dubai Land Department, Abu Dhabi Advanced Real Estate Services, Property Finder and Visa. Its agreement with Abu Dhabi Advanced Real Estate Services is intended to introduce flexible digital rental payments and integrated property management services across Abu Dhabi and other emirates.
The Abu Dhabi collaboration represents an important step beyond Keyper’s original Dubai-centred operations. Under the arrangement, tenants could gain access to monthly payment options, while landlords would be offered mechanisms to obtain rental income before monthly instalments have been fully collected.
Property Finder’s involvement could widen distribution by bringing rental financing closer to people searching for homes. Integration with property listing platforms may allow tenants to assess monthly payment options earlier in the leasing process rather than arranging financing after selecting a property.
Keyper is positioning itself as infrastructure rather than a standalone rent payment application. Its strategy is to create a system through which residential property owners can manage assets, monitor valuations, handle maintenance, collect rent and obtain financing from one interface.
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UAE