Page 82 - HYPERPAY PR REPORT - SEPTEMBER 2025

9/22/25, 4:46 PM During its Participation at Money 20/20 Middle East 2025 - Gulf Tech News

This milestone comes at a critical time as the market faces an urgent demand for innovative solutions that enhance
the efficiency and flexibility of financial transactions in the real estate sector. The new ecosystem developed by Yarn
Cloud in partnership with HyperPay is the first of its kind in the market, with HyperPay providing the expertise and
infrastructure necessary to deliver a secure, advanced payment experience that enables tenants to access a wide
range of digital payment methods for their financial transactions.

The new service is designed to elevate convenience and efficiency for tenants, offering a fully integrated payment
system within residential and commercial communities. This solution not only improves the tenant and resident
experience but also strengthens the value of digital solutions in the real estate sector.

Eng. Yahia Shaheen, Chief Executive Officer of Yarn Cloud, emphasized that the launch of this service represents a
significant step forward in line with the Kingdom’s rapid digital transformation and the objectives of Saudi Vision
2030. He stressed that providing such advanced solutions is no longer optional but an urgent necessity to drive the
evolution of the real estate industry.

Mr. Muhannad Al-Abwini, Chief Executive Officer of HyperPay, stated that this partnership with Yarn Cloud reflects

HyperPay’s commitment to delivering its expertise and leading digital payment technologies to support
groundbreaking solutions in the market. He added that the collaboration aims to provide a secure and efficient
payment environment that contributes to building a more integrated digital future.

Notably, this new service will also enable property and community managers to diversify payment solutions for

residents and tenants, including flexible rental installment options and financial facilitation—without the need to
engage directly with financial institutions—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.

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