Dubai, UAE: PropTech startup Keyper has secured US$11 million in a Series A funding round led by Speedinvest, as the company accelerates its mission to modernise residential renting, property management, and real estate financing across the UAE.
The funding round attracted strong participation from a mix of regional and global investors, including NeoVentures, Middle East Venture Partners (MEVP), Dubai Future District Fund (DFDF), Property Finder, Arab National Bank, Ellington Properties, Dar Ventures, and Abbey Road Investment Group.
The fresh capital will support Keyper’s product expansion, customer acquisition, and the development of new financial services for landlords and tenants.
Simplifying the Rental Experience
Founded in 2022 by Omar Abu Innab and Walid Al Saqqaf, Keyper has developed a digital property platform that allows tenants to pay rent in monthly instalments, while landlords receive the entire annual rent upfront.
Beyond flexible rent payments, the platform also offers property management solutions and financial services, creating a digital ecosystem for residential real estate.
The company aims to solve one of the Middle East’s longstanding rental challenges by replacing traditional annual rent payments with a more flexible and technology-driven approach.
Investors Back Keyper’s Growth Strategy
Commenting on the investment, Rana Abdel Latif, Partner at Speedinvest, said:
“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.”
She added that Speedinvest is excited to support Keyper as it enters its next phase of growth.
Driving Digital Transformation in Real Estate
Amith Rajan, Executive Vice President and Head of Wholesale Digital Banking at Mashreq and CEO of NeoVentures, said the investment aligns with the firm’s strategy of backing companies transforming financial services.
According to Rajan, combining Keyper’s technology with Mashreq’s banking capabilities will help modernise rental payments, improve market liquidity, and deliver a more seamless digital experience for both landlords and tenants.
Supporting Dubai’s Economic Vision
Highlighting the broader impact of the investment, Nader AlBastaki, Managing Director of Dubai Future District Fund, said flexible rent payments contribute directly to Dubai’s D33 economic agenda, making the city more attractive to global professionals while strengthening the venture capital ecosystem.
Meanwhile, Khalid S. Alghamdi, CEO of ANB Capital, pointed to the significant market opportunity.
He noted that Dubai recorded more than AED 100 billion in tenancy contracts last year, yet most rental payments continue to rely on traditional post-dated cheques, leaving one of the GCC’s largest recurring payment markets largely undigitised.
Funding to Accelerate Platform Expansion
Keyper plans to utilise the new investment to:
- Expand its monthly rent payment platform
- Increase partnerships with institutional landlords
- Launch financing and liquidity solutions for property owners
- Strengthen its digital property management ecosystem
- Scale operations across the UAE and regional markets
PropTech Sector Continues to Gain Momentum
The latest funding reflects growing investor confidence in the Middle East’s rapidly evolving proptech sector, where digital platforms are reshaping residential real estate through embedded finance, automation, and flexible payment models.
As consumers increasingly demand convenient digital financial services and property owners seek improved liquidity solutions, companies like Keyper are well-positioned to modernise the rental experience and drive the next phase of innovation in the region’s real estate market.
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Ruchi Kumar is the associate editor at Entrepreneur News Network and TVW News India, where she leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape. She has written extensively on fintech, AI and emerging startups.