US EditionNawy Acquires SmartCrowd to Expand GCC PropTech Presence - Innovation Village | Technology, Product Reviews, Business
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Nawy Acquires SmartCrowd to Expand GCC PropTech Presence - Innovation Village | Technology, Product Reviews, Business
Egypt-based real-estate technology firm Nawy has taken a decisive step into the Gulf market by acquiring a majority stake in Dubai-headquartered SmartCrowd, the first platform in the region to secure regulatory approval for fractional property investment. The deal, announced days after Nawy closed a US$52 million Series A round, signals the Cairo company’s ambition to build a pan-regional “super-app” that covers every major slice of the property…
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