What is Rently's 'Rent Now Pay Later' service?

Rently's 'Rent Now Pay Later' (RNPL) allows tenants in the UAE to pay their rent on a monthly basis, while landlords continue to receive their payments in a structured and timely manner, bridging the gap between monthly salaries and traditional upfront lump-sum rent payments.

Which regions will benefit from Rently's expansion?

The growth credit will enable Rently to expand its flexible rent offerings across its existing markets of Singapore, Hong Kong, and primarily the UAE, with plans for future expansion into new markets.

What is the current volume of rental contracts handled by Rently in the UAE?

Rently has handled over AED 100 million worth of rental contracts in the UAE, experiencing a fivefold increase in rental transaction volume year-on-year in the region.

What are Rently's future growth plans?

Rently aims to triple the number of tenants it serves over the next 12 months and plans for a Series A equity raise of US$10-15 million in 2027 to further expand its core offerings and enter new markets.

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Rentals·31 October 2026

Rently Secures US$12 Million Credit to Expand Rent-Now-Pay-Later in UAE

Rently, a platform enabling flexible rent payments, has secured a US$12 million growth credit facility from January Capital to expand its Rent Now Pay Later service across the UAE, Hong Kong, and Singapore.

Rently, a platform that provides tenants with flexible rent payment options, has successfully secured a US$12 million growth credit facility from January Capital, a technology investment firm. This funding is aimed at expanding Rently's "Rent Now Pay Later" (RNPL) service and broader rent flexibility offerings, particularly within the UAE, Singapore, and Hong Kong.

Expanding Flexible Rent Options in the UAE

The UAE market is a key focus for Rently, where its rental transaction volume has already seen a fivefold increase year-on-year. Despite monthly salaries, many UAE residents are still required to pay rent upfront in one to four cheques, creating a significant financial burden. Rently's RNPL solution addresses this by allowing tenants to pay rent monthly while ensuring landlords receive structured and timely payouts.

So far, Rently has processed over AED 100 million worth of rental contracts in the UAE. The company aims to triple the number of tenants it serves within the next 12 months, using this new credit facility to meet rising demand.

"People in the UAE earn monthly, but most still pay rent upfront in a handful of cheques. That is the gap we are closing," said Taimur Khan, Managing Director Middle East for Rently.

Strategic Growth and Future Plans

The credit facility will enable Rently to fund more deals and support its expansion into new markets. The company, which is already managing over US$50 million in annualised rental volume, is actively working with real estate agencies like White & Co, co-living firms, and property managers in Dubai and Abu Dhabi. This financial boost also strengthens Rently's capital structure as it prepares for a larger Series A equity raise of US$10-15 million in 2027 to further develop its core offerings and enter additional markets. Rently is also using AI to streamline its operations and accelerate growth.

Frequently asked

Questions, answered

What is Rently's 'Rent Now Pay Later' service?: Rently's 'Rent Now Pay Later' (RNPL) allows tenants in the UAE to pay their rent on a monthly basis, while landlords continue to receive their payments in a structured and timely manner, bridging the gap between monthly salaries and traditional upfront lump-sum rent payments.
How much funding did Rently secure?: Rently secured a US$12 million growth credit facility from January Capital, a technology investment firm, to expand its services.
Which regions will benefit from Rently's expansion?: The growth credit will enable Rently to expand its flexible rent offerings across its existing markets of Singapore, Hong Kong, and primarily the UAE, with plans for future expansion into new markets.
What is the current volume of rental contracts handled by Rently in the UAE?: Rently has handled over AED 100 million worth of rental contracts in the UAE, experiencing a fivefold increase in rental transaction volume year-on-year in the region.
What are Rently's future growth plans?: Rently aims to triple the number of tenants it serves over the next 12 months and plans for a Series A equity raise of US$10-15 million in 2027 to further expand its core offerings and enter new markets.

Reported by

Zawya — UAE Real Estate · Google News — UAE Rent & Mortgage (7d)

View original coverage

This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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