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- Huspy continues to grow at 25% sequentially with 300 employees in its UAE and Spain operations
- Huspy operates in UAE and Spain, GMV has exceeded $2 billion
Dubai, UAE: Huspy, an Emirati-based property tech startup aiming to redefine the home buying experience in the region, has been named the most innovative company in urban development and real estate by Fast Company Middle East. Fast Company’s Most Innovative Companies has been the authoritative source for identifying the most innovative companies, like Huspy, in every area of ​​”driving change and moving the world forward.”
Launched in 2020, Huspy offers home buyers a single place to find and finance their home. With Huspy, home buyers can access 100% verified properties, shortlist homes and schedule inspections, as well as apply for mortgages and get approved, all on one platform. For clients looking for a mortgage, Huspy connects home buyers with market-leading financing offers and exclusive products through partnerships with top UAE banks.
Azzam Fakhoury, Head of Real Estate at Huspy: “The real estate industry in the UAE has experienced incredible growth, with homebuyers increasingly utilizing our technology throughout the entire buying process, from search to financing. At Huspy, we are delighted to be recognized as the most innovative company in urban development and real estate. Together with our real estate partners, we have brought thousands of verified properties to home buyers in the UAE, covering in-demand neighborhoods and over 60 developer projects. Huspy’s team of 300 of the best industry professionals from 45 countries will continue to improve the home buying experience and build a category-defining business from MENA to the world“.
Over the past year, Huspy has become a leader in the UAE mortgage industry, acquiring three mortgage businesses in the first eight months of 2022. Huspy works with thousands of agents across the UAE, providing its partners with free property listings, access to Huspy’s pre-qualified ready clients, and free marketing in over 40 countries, allowing them to take advantage of global UAE real estate needs.
Huspy continued to grow at a sequential rate of 25% and achieved a GMV of over $2 billion. With a $400 billion market opportunity in the UAE and Spain, Huspy is one of the few regional startups to successfully establish a presence in Europe. Huspy now has more than 300 employees in both countries, including employees from global technology companies such as Loft, QuintoAndar, Uber, DiDi, SumUp, and others.
Investors in Huspy include Sequoia Capital India, Founders Fund, Fifth Wall, Chimera Capital, Breyer Capital, VentureFriends, COTU, Venture Souq and BY Venture Partners.
In 2022, Huspy co-founder and CEO Jad Antoun was named by Forbes as one of the 30 Under 30s. Huspy has been recognized as one of the fastest growing UAE startups at the Entrepreneur Middle East’s Leaders in Fintech Awards and the global professional networking platform LinkedIn.
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About Huspy
Huspy is a UAE-based proptech startup with a mission to improve the home buying process in the region and beyond. Huspy aims to create a category-defining business by building a single platform that makes it faster and easier than ever for customers to find and finance their home. The company’s innovative technology is at the heart of the real estate ecosystem, enabling all market players – brokers, agents and banks – to redefine the future of home buying. To learn more about Huspy, visit https://huspy.com.
Media Liaison
Anastasia Bardunova
Communications Manager
anastasiya.bardunova@huspy.io
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