Dubai - Sharikat Mubasher: Rentify, a cutting-edge fintech and proptech startup based in the UAE, secured $500,000 in a pre-seed funding round from a consortium of investors to fuel its mission of digitizing the UAE’s property ecosystem through transparency, trust, and technology.
Rentify aims to redefine the rental ecosystem with its flexible payment solutions, AI-powered platform, and automated rent collection, the company announced in a statement today.
The startup introduces a tech-first approach to address common inefficiencies in the rental market, such as cheque-based payments, tenant KYC, and fragmented communication. By integrating AI verification, seamless onboarding, and automated processes, the platform ensures a smarter leasing experience with real-time alerts, direct tenant-landlord interactions, and secured payments.
Rashed Hareb, Co-founder and CEO of Rentify, affirmed the company’s dedication to eliminating the friction in the rental process, making it more seamless and rewarding for both landlords and tenants.
“Rentify positions itself as the most user-friendly and innovative rental platform in the UAE, offering a fully digital experience backed by financial incentives for all stakeholders—landlords, tenants, and brokers. Our vision is to position Rentify as the UAE’s smartest rental platform by fueling expansion with strategic funding,” Hareb added.
For his part, Rajneel Kumar, Co-founder and COO of Rentify, commented: “With the funding for Rentify, we aim to accelerate growth, onboard more properties, and enhance its technological capabilities. The investment will also drive strategic partnerships and expand the Rentify Rewards program. We want to empower residents with smarter leasing and financial flexibility.”
Rentify provides tenants with flexible rent now, pay later (RNPL) options, exclusive rewards and perks, and a streamlined rental journey. For landlords, the platform provides data-driven insights, automated rent collection, and verified tenants, enabling efficient property management and hassle-free leasing.