Dubai PropTech startup raises largest seed rounds in Mena
DUBAI, April 21, 2021 Huspy, a Dubai-based PropTech startup, is building the new wave of PropTech to disrupt the real estate industry starting with home financing. It has raised a funding round led by VentureFriends with participation from Amir Farha (Cotu), B&Y Ventures, Plug and Play, and large regional family offices. Launched in August last year by CEO Jad Antoun and CTO Khalid Ashmawy, the company is starting with a web and app-based licensed mortgage platform offering home financing products with no paperwork involved. The company promises customers a quote with the best price guarantee in under one minute and the ability to close the transaction three times faster than the traditional process.
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