Ejari

Active

Rent-now-pay-later: Ejari pays the landlord the annual rent up front and the tenant pays it back in 12 monthly instalments

Riyadh, Saudi ArabiaFounded 2022

FintechPropTech

Seed

Website

Ejari is a Saudi proptech and fintech platform. Tenants split their annual residential rent into monthly instalments while the landlord gets paid up front. It is licensed by REGA (licence 2200001825), certified as Sharia-compliant, and says it has more than 70,000 users.

Founders

Yazeed Al-Shamsi

Co-Founder & CEO

Fahad Albedah

Co-Founder

Mohammed Alkhelewy

Co-Founder

Khalid Almunif

Co-Founder

Funding Rounds

SeedOct 2024

$14.7M

Lead: Partners for Growth, BECO Capital, anb Capital

Investors: Partners for Growth, BECO Capital, anb Capital, Rua Ventures, Alinma Pay, Vision Ventures, Aqar, Salica Oryx Fund

Investors: Partners for Growth, BECO Capital, anb Capital, Rua Ventures, Alinma Pay, Vision Ventures, Aqar, Salica Oryx Fund.

Something here wrong?

Every figure on this page is meant to have a source behind it. If one doesn't match reality, tell us and we'll fix it.