Tern
United Arab Emirates, Dubai
About Tern
Tern is a UAE-based proptech/fintech startup operating what it bills as the country's first dedicated rental rewards platform, letting tenants pay rent by credit card or bank transfer at no added cost and earn loyalty points redeemable across travel, retail and lifestyle merchants. Founded in Dubai in 2024 and launched in May 2025, it builds a multi-stakeholder loyalty network connecting tenants, landlords, banks and merchants, and processes over AED 150 million in annualized rent-payment volume.
Latest Funding
SeedAnnounced 2026-06-18
Buying Signals
Where the capital is going, and whether it's already started moving.
Spend Intent
2 signals · where the capital is going
Exclusive integration of Tern into Bayut and dubizzle is set to scale rent-payment volume across the UAE rental market, leveraging Dubizzle Group platforms reac…
wamda.com
+1 more capital deployment signal · confidence ratings · source articles
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Investors
Dubizzle Group Ventures
Lead investor · Seed
Tech Stack
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Key Highlights
AI InsightsStrategic investment made through Dubizzle Group Ventures, the GCC-focused early-stage VC arm of the region's leading online classifieds group (58M monthly visits, 20M monthly users); deal amount undisclosed.
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