Kuwait, March 15th 2018: Ajar Online, a fintech startup founded in Kuwait, enters 2018 strongly after closing a second investment in a round led by Dubai-based venture firm BECO Capital, following an investment from Sharq Ventures in October, 2017.
With a positive thrust, Ajar successfully upgraded its property management platform, to enhance tools tailored to meet the needs of landlords, property managers, real estate companies and owners association. These features will not only add operational value, but also improve efficiency and safety, ultimately reducing costs, saving time, and allowing all parties to make informed decisions about their properties and leases.
Additionally, in the first quarter of 2018, Ajar Online successfully managed to capture the market’s interest with its innovative product, resulting in regional recognition as a leading fintech startup digitizing the real-estate industry. Ajar Online has been shortlisted in the ‘Fintech Innovation of the Year’ category for the 2018 Seamless Awards, which will be held on the 15th of April in Dubai.
Ajar Online ranked number 10 in Forbes Middle East ‘Top Twenty Fintech Startups In The Middle East’, and was listed in Fintech News Middle East’s ‘9 Fintech Startups in Middle East to Watch in 2018.’
With over 100 registered real-estate owners and companies in Kuwait, and recently expanded operations to the U.A.E, with a new commercial office in Dubai, Ajar Online is setting an example for growth and innovation in the online rent payment and property management space.
The company’s CEO, Shaheen AlKhudari, states: “We are passionate and strive to be the Middle East’s leading property management and rent collection platform, used by every property owner and real-estate company to simplify what used to be a complicated process. The team behind Ajar Online continuously work to serve all our customers in a professional manner, and 2018 started with a great boost. I am confident we will end this year with success, growth and scalability in the region.”
About Ajar Online
Ajar Online is a cloud service designed for the real estate market, offering quick and secure online rent collection and a free property management platform.