Page 86 - HYPERPAY PR REPORT - SEPTEMBER 2025

9/22/25, 4:46 PM Yarn Cloud launches fully integrated digital payment solutions
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.

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.

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