Saudi-based PropTech leader Yarn Cloud has announced the launch of a new fully integrated digital payment service within its property management ecosystem. The announcement was made during the Money 20/20 Middle East 2025 conference in Riyadh and marks a strategic partnership with HyperPay, one of the Kingdom’s leading fintech and payment gateway providers.
Streamlining Real Estate Transactions
The new service is designed to address the growing demand for efficient and flexible financial transactions within the real estate sector. By embedding a complete digital payment system directly into its platform, Yarn Cloud now enables tenants in residential and commercial communities to use a wide range of digital payment methods for rent and other financial obligations. This integration aims to significantly enhance the tenant experience while providing property managers with a more streamlined and efficient collection process, aligning with the rapid digital transformation goals of Saudi Vision 2030.
A Strategic Fintech Partnership
The collaboration leverages HyperPay’s robust infrastructure to deliver a secure and advanced payment experience. This partnership is the first of its kind in the market, combining Yarn Cloud’s specialized PropTech solutions with HyperPay’s deep expertise in digital payments. Muhannad Al-Abwini, CEO of HyperPay, stated that the collaboration reflects his company’s commitment to supporting groundbreaking solutions by providing a secure and efficient payment environment that contributes to a more integrated digital future.
Innovating Tenant Financial Services
Beyond standard payment processing, the new service introduces a significant innovation for the real estate market. Property and community managers using the Yarn Cloud platform can now offer tenants flexible rental installment options and other financial facilitations. This unique feature allows them to provide added value to residents without needing to engage directly with external financial institutions, creating a more seamless and supportive living experience exclusively through the Yarn Cloud platform.
About Yarn Cloud
Founded in 2017, Yarn Cloud is a Saudi-based PropTech leader offering integrated solutions for managing residential and commercial properties through its advanced cloud platform. The company serves a select portfolio of clients across the Kingdom and the wider region, focusing on delivering flexible and innovative systems that support the digital transformation of the real estate sector.
Source: Zawya
