Keyper raises US$11mln Series A to scale monthly rent payments and digital real estate infrastructure across the UAE

Summary:

Keyper, a UAE-based proptech company, has raised $11 million in a Series A funding round led by Speedinvest, with participation from several investors, including Mashreq's NeoVentures. This funding will help Keyper enhance its fully digitized platform that allows tenants to pay rent monthly while providing landlords with upfront income. Since its launch, Keyper has facilitated over $44 million in rent payments and currently supports over 10,500 properties. The investment aims to modernize the UAE's rental market and improve payment flexibility for tenants and landlords.