Riyadh - Exclusive Sharikat Mubasher: The Saudi property technology (proptech) startup Ejari plans to introduce rent now, pay later (RNPL) solutions for industrial and commercial properties by the end of 2025, Co-founder and CEO Yazeed Al-Shamsi stated in an interview with Sharikat Mubasher.

Speaking on the sidelines of LEAP 2025, Al-Shamsi revealed that Ejari mainly provides RNPL solutions for residential properties, allowing tenants to pay on an annual or semi-annual basis.

With a robust presence in 18 cities across the Eastern Region, Ejari primarily focuses on expanding its business within Saudi Arabia over the next three years, with plans for regional expansion in the future.

Al-Shamsi emphasized the company’s commitment to becoming a comprehensive property management platform that offers best-in-class services at affordable, competitive prices. He added that Ejari aims to meet customer needs beyond rental payments, including furnishing and transportation services.

He further highlighted that Ejari participated in LEAP 2025 to engage with investors, connect with potential customers and partners, and meet government regulators.

LEAP 2025 took place in Riyadh from 9 to 12 February, with the participation of over 1,800 exhibitors, more than 1,000 speakers, and over 680 startups. It brought together global leaders from the public and private sectors, top innovators, and key stakeholders in tech investment.

Under the theme ‘Into New Worlds,’ this four-day event aimed to showcase the latest innovations and facilitate knowledge exchange, expanding business networking and investment opportunities in the tech sector.