Ejari | ايجاري reposted this
#fundingalert 💼Company: Ejari | ايجاري 💰Funding: $14.65 Million ⚡Round: Seed 👥Investors: Partners for Growth, BECO Capital, anb seed, Alinma Bank(Alinma Pay), Rua Growth Fund, Vision Ventures (VV), AQAR عقار, Salica Investments, Oryx Fund. Founded in 2022 by Yazeed Al-Shamsi, Fahad Albedah, Mohammed AlKhelewy and Khalid Almunif and based out of Riyadh, Ejari is the financial services platform on a mission to make renting a home more affordable and flexible. Ejari decreases the financial burden of moving into a new home and offers greater flexibility with how and when to pay rent. Typically, landlords in Saudi Arabia require a 1 year or 6 month upfront payment for renting a home. with our Rent Now, Pay Later solution, we allow tenants to pay their rent monthly, while still allowing landlords to receive a full year’s rent upfront. Armineh Baghoomian Abdulaziz Shikh Al Sagha Kais Al-Essa To share your startup story write us on - contact@startuprise.org #fundraising #investment #venturecapital #SaudiArabia #ejari #fintech #proptech #Riyadh
