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Egypt's Nawy Raises $75m Series a to Scale Proptech Platform

  • Nawy, a Cairo-based proptech company, secured $75 million in a Series A financing round led by Partech Africa in 2025 to enhance and expand its real estate platform.
  • The funding follows Nawy's growth from a $38 million GMV in 2020 to over $1.4 billion in 2024 amid Egypt's economic challenges and currency devaluation.
  • Nawy combines property listings, brokerage, fractional ownership, mortgage products, and recently acquired ROA, rebranded as Nawy Unlocked for property management services.
  • Co-Founder Mostafa El Beltagy described Nawy as solving market inefficiencies by offering a unified platform and stated the mortgage product will 'cause a bit of a shift.'
  • The Series A funding will enable expansion across the MENA region, support AI integration, and advance product development, highlighting increasing investor trust in Egypt’s technology sector.
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TechCrunch broke the news in United States on Sunday, May 11, 2025.
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