Ejari Raises $50M Financing Facility

Ejari, a Riyadh-based proptech and fintech platform, has secured a $50 million (SAR 187.5 million) upsizing of its existing Shariah-compliant Murabaha warehouse financing facility. The company provides a Rent Now, Pay Later service that allows tenants to pay annual rent in monthly installments while landlords receive payments upfront.

Investors

The warehouse facility was provided by Partners for Growth (PFG), a California-based private credit provider.

Ejari Use of Funds

This upsized capital is dedicated to financing rental transactions behind Ejari's Rent Now, Pay Later service. The funds will support the company's continued growth in the residential rental market across more than 40 Saudi cities and assist in the planned expansion into commercial leasing services for SMEs.

About Ejari

Founded in 2022 and headquartered in Riyadh, Ejari is a REGA-licensed platform that digitizes the rental experience in Saudi Arabia. By integrating with property search platforms and HR applications, the company helps tenants manage rent payments while offering a suite of partner services including moving, storage, and insurance.

Funding Details

Company Website: https://ejari.sa

Company: Ejari
Raised: $50M
Round: Financing Facility
Funding Date: November 8, 2026
Lead Investor: Partners for Growth
Software Category: Proptech and Fintech
Source: https://www.zawya.com/en/press-release/companies-news/ejari-upsizes-pfg-warehouse-facility-to-50mln-2126478