Dubizzle Group has invested in UAE rental rewards platform Tern to enable tenants using its property portals to pay rent via credit card and earn loyalty points.

The partnership integrates Tern exclusively into Dubizzle and Bayut. It aims to provide a more flexible digital payment experience for tenants, landlords, and agents across the UAE.

Through this integration, tenants can manage their rent payments without hidden fees or credit card premiums.

Users will earn rewards points that can be redeemed for flights, electronics, and lifestyle services.

For landlords and property agents, the platform facilitates faster digital rent collection. The company says this flexible payment experience could improve tenant retention and make rental properties more appealing.

Said Al Sayyed and Mohamad Shaitou founded Tern in 2024.

The proptech startup reports over AED 150 million in annualised rent payment volume flowing through its ecosystem.

The startup operates a multi-stakeholder loyalty network that connects tenants, landlords, banks, and merchants to modernise rent collection in the region.

“Our partnership offers renters a more convenient and rewarding way to manage their rental payments, while also creating new opportunities for landlords and agents across the UAE,”

said Haider Ali Khan, CEO of Dubizzle Group UAE.

Dubizzle Group Ventures, its venture capital arm, made the investment and focuses on early-stage technology startups in the GCC.

Surya Raviganesh, who leads investments for the group, noted that half the UAE population uses one of its platforms every month.

This creates synergies for partnering businesses that can benefit from its audience.

Dubizzle Group currently records 58 million monthly visits and 20 million monthly users across its platforms in the Middle East.

Featured image credit: Edited by Fintech News UAE, based on image by Trend2023 via Magnific