Riyadh, Saudi Arabia — Rize, Saudi Arabia’s leading residential rental platform, has been named to Forbes Middle East’s list of The Middle East’s Fintech 50 for 2026, published on 8 October 2026. Rize ranked 47th on the list.
The list features leading fintech companies across the region. Rize’s inclusion reflects its position in the Kingdom’s residential rental sector and its role in moving rent payments from one large annual payment to flexible monthly payments.
Rize enables eligible tenants to pay their annual rent monthly instead of in one annual or semi-annual payment, while landlords receive the full annual rent upfront, through Shariah-compliant rental solutions.
The recognition follows key growth milestones for Rize, including its SAR 132 million ($35 million) Series A round led by Raed Ventures in January 2025, and a SAR 187.5 million ($50 million) asset-backed, Shariah-compliant Murabaha facility from Jadwa Investment in September 2026.
Today, Rize serves more than 400,000 registered users and works with a network of over 2,900 real estate partners, with services available across all regions of Saudi Arabia.
View Rize’s profile on the list on the Forbes Middle East website: The Middle East’s Fintech 50 – Rize.
Founded in 2021 by Ibrahim Balilah and Mohammed Alfraihi, Rize is a Saudi company building the infrastructure for the Kingdom's residential rental market.
The platform enables eligible tenants to pay their annual rent monthly, while landlords receive the full annual rent upfront. It also equips real estate brokers with the tools needed to complete rental transactions more efficiently.
For more information, visit rize.sa.
