Saudi Arabia’s Ajras Raises $1.5M in Pre-Series A Funding Round

Ajras, a fintech and proptech startup based in Saudi Arabia, has told Zero to One that it has raised $1.5 million in a Pre-Series A Funding Round led by Veda Holding.

More to Know:

  • Ajras was founded by Muath Aljubailan in 2022 and officially launched its services in 2023.
  • Its platform offers “Rent Now, Pay Later” solutions.
  • The company focuses on serving the commercial and industrial sectors.
  • In 2023, Ajras raised $28 million in a seed funding round, mostly debt financing.

 

 

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