UAE Proptech Huspy Raises $59M for European Expansion
Huspy, a UAE-based proptech company, has successfully raised $59 million to fuel its expansion into the European market. This significant funding round will enable Huspy to extend its innovative real estate solutions beyond the Middle East.
Strategic Expansion into Europe
With this new capital, Huspy plans to replicate its successful business model in select European countries. The company aims to streamline the home buying process, offering a seamless and transparent experience for customers. They intend to invest heavily in technology and talent acquisition to support this expansion.
Huspy’s Core Offerings
Huspy has rapidly grown in the UAE by providing a comprehensive platform that simplifies property transactions. Key features include:
Mortgage comparisons from multiple lenders
Digital documentation and processing
Expert advisory services
The company’s data-driven approach ensures customers find the best deals and navigate the complexities of real estate purchases efficiently.
Vision for the Future
Huspy’s leadership team envisions becoming a global leader in proptech. By entering the European market, they aim to disrupt traditional real estate practices and empower consumers with better tools and information. This funding round marks a crucial step towards realizing that vision.
Huspy, a UAE-based proptech company, has successfully raised $59 million in funding. This significant investment will fuel its expansion plans into Europe, marking a major step in its growth strategy.
Huspy’s Expansion Strategy
With this new funding, Huspy aims to replicate its success in the Middle East by offering innovative solutions to the European real estate market. The company focuses on:
Simplifying the home buying process.
Providing mortgage solutions.
Offering a seamless digital experience.
The Funding Round
The funding round saw participation from several key investors, demonstrating strong confidence in Huspy’s business model and future prospects. This financial boost allows Huspy to invest in:
Technology development.
Team expansion.
Market penetration in Europe.
Impact on the Proptech Industry
Huspy’s expansion into Europe underscores the growing importance of proptech companies in transforming the real estate sector. By leveraging technology, Huspy seeks to:
Nawy, the leading proptech platform in Africa, recently announced that it has secured $52 million in funding. This investment aims to fuel Nawy‘s expansion throughout the MENA region, enhancing its platform and extending its market reach.
Funding Details and Objectives
Nawy, Africa’s largest proptech company, has secured $52 million in Series A equity funding, complemented by $23 million in debt financing, to propel its strategic initiatives aimed at transforming the real estate landscape across Egypt and the broader MENA region.
Strategic Initiatives Supported by the Investment
Expansion into New MENA Markets: Nawy plans to extend its operations beyond Egypt into high-growth markets such as Morocco, Saudi Arabia, and the UAE. This regional expansion aims to tap into the burgeoning demand for digital real estate solutions in these countries. Technext+1businessreviewlive.com+1
Enhancement of AI and Data Infrastructure: The company intends to invest in advanced artificial intelligence and data analytics to refine its property matching algorithms, improve user experience, and provide more personalized services to clients.
Development of Innovative Real Estate Products:
Nawy Now: A mortgage solution offering “Move Now, Pay Later” options, designed to make homeownership more accessible in markets where traditional mortgage offerings are limited.
Nawy Shares: Egypt’s first off-plan fractional ownership product, allowing users to invest in real estate with a minimum of $500, thereby democratizing property investment.
Scaling Operations in Egypt: The funding will also support the expansion of Nawy‘s existing operations within Egypt, focusing on increasing market penetration and enhancing service offerings to meet growing domestic demand. Nawy
This substantial investment underscores Nawy‘s commitment to leveraging technology to streamline property transactions, enhance transparency, and provide innovative solutions tailored to the needs of the MENA real estate market.
Nawy, founded in 2019 by Mostafa El Beltagy and his team, has rapidly emerged as Africa’s largest proptech platform, revolutionizing the real estate industry in Egypt and the broader MENA region. By integrating advanced technology with comprehensive real estate services, Nawy offers a seamless experience for buyers, sellers, and investors.TechCrunch
Innovative Approach to Real Estate
Nawy‘s platform combines property listings with brokerage services, allowing users to browse homes online using customizable criteria. The company employs machine learning algorithms to recommend properties that align with user preferences, enhancing the property search experience. This tech-driven model addresses inefficiencies in traditional real estate transactions, offering transparency and convenience to clients. TechCrunch+2Startuphub Africa+2Startup List Africa+2LinkedIn
Significant Funding and Expansion
In May 2025, Nawy secured $52 million in Series A funding, led by Partech Africa, along with $23 million in debt financing from Egypt’s leading banks. This $75 million capital infusion is one of the largest Series A rounds for an African startup, underscoring investor confidence in Nawy‘s business model and growth potential. TechCrunch
The company plans to utilize this funding to expand its services across the MENA region and enhance its AI-powered real estate solutions. Nawy‘s vision includes offering fractional ownership options and comprehensive property management services, further solidifying its position as a one-stop real estate platform. Launch Base Africa
Strategic Acquisitions
To bolster its service offerings, Nawy acquired the innovative property management company ROA. This acquisition led to the launch of “Nawy Unlocked,” a platform aimed at providing end-to-end property management solutions, including maintenance, tenant management, and financial services. Proptech Connect
Learn More
For more information about Nawy’s services and innovative approach to real estate, you can visit their official LinkedIn page:
On their LinkedIn page, you’ll find updates on their latest projects, strategic partnerships, and insights into how they’re leveraging technology to transform the real estate landscape in Egypt and the broader MENA region.
Additionally, Nawy’s official website offers comprehensive details about their services, including property listings, financing options, and their unique “Move Now, Pay Later” program:
These platforms provide valuable information for anyone interested in understanding how Nawy is reshaping property transactions through technology-driven solutions.
For more information about Nawy’s services and innovative approach to real estate, you can visit their official LinkedIn page: Nawy on LinkedIn.
Nawy, founded in 2016, is a leading proptech company in Africa that leverages technology to simplify property transactions. Their platform offers a seamless experience for buyers and sellers by integrating AI-driven property recommendations, comprehensive listings, and end-to-end brokerage services. Nawy’s innovative solutions, such as “Nawy Now” for mortgage financing and “Nawy Unlocked” for property monetization, are transforming the real estate landscape in Egypt and the broader MENA region.
To explore their latest projects, company updates, and career opportunities, follow Nawy on LinkedIn: Nawy on LinkedIn.
With this new funding, Nawy is poised to make significant inroads into the MENA market. The company plans to adapt its successful business model to meet the specific needs of different countries in the region. This includes:
Developing localized marketing strategies.
Building partnerships with local real estate developers and agents.
Offering customized solutions for various property types and markets.
