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UAE proptech Huspy raises $59M to scale in Europe

  • UAE-based proptech startup Huspy, founded by Jad Antoun, is revolutionizing the home buying process with digital tools for finding homes and obtaining mortgages.
  • Huspy secured a $59 million Series B funding round led by Balderton Capital and Peak XV to expand operations in the Middle East and Europe, following earlier investments from various global investors.
  • The company experienced rapid growth in the UAE, capturing a significant share of the mortgage market and has expanded into Spain, utilizing a network-based model for real estate transactions.
  • With plans for further expansion into major cities across Europe and the Middle East, Huspy aims to capitalize on its success and established partnerships to continue its growth trajectory.

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