Breaking
+ Huspy handles roughly 30% of the UAE mortgage market + $59M Series B led by Balderton Capital, July 2025 + $7B in annual real estate transactions facilitated + 25,000+ homes bought through the platform + Spain business grew 20x year-on-year in 2024 + Saudi Arabia expansion next + Huspy handles roughly 30% of the UAE mortgage market + $59M Series B led by Balderton Capital, July 2025 + $7B in annual real estate transactions facilitated + 25,000+ homes bought through the platform + Spain business grew 20x year-on-year in 2024 + Saudi Arabia expansion next
Huspy company logo
Huspy's wordmark - the brand front for a platform that has quietly become the mortgage rail for much of Dubai.
Company Profile - Proptech & Fintech

Huspy

A single digital platform for buying and financing a home. Huspy connects buyers, real estate agents and 25+ banks - and now moves $7 billion in property a year across the Middle East and Europe.

$96M
Total Raised
~30%
UAE Mortgage Share
25K+
Homes Bought
750
Employees
40+
Nationalities
The Story

Turning the Home Loan Into a Few Clicks

In most cities, buying a home means juggling three worlds that rarely talk to each other: the property listing, the real estate agent, and the bank that writes the mortgage. Huspy's founders looked at that gap in Dubai and built a company to close it. Founded in 2020 by Jad Antoun and Khalid Ashmawy, the company runs a single digital platform where a buyer can search properties, compare mortgage products from more than 25 banks, and get pre-approved - without the paperwork marathon that usually comes with home financing.

The approach has scaled fast. Huspy now facilitates over $7 billion in annual real estate transactions across the UAE and Spain, has helped more than 25,000 people buy homes, and processes over a quarter of all residential home financing in Dubai. It does all of this without owning a single property or operating a traditional branch brokerage - a detail that says a lot about how the company thinks.

"
Huspy has built a repeatable and efficient playbook for city launches, and their pace of innovation - especially around AI tools for brokers and agents - continues to raise the bar. - Rana Yared, Balderton Capital (lead Series B investor)
What It Does

One Platform, Three Audiences

Huspy is a B2B2C platform - it serves everyone in the home-buying chain at once. The logic is simple: help the agent and the banker do their jobs better, and the buyer's experience improves as a result.

For Buyers

The Consumer Platform

Search properties, compare mortgage products across dozens of banks, and get pre-approved online with dedicated mortgage consultants guiding each step.

For Brokers

The Broker Portal

A digital portal that connects mortgage brokers to more than 25 banks, streamlining comparison, application and approval in one workflow.

For Agents

The Agent App

Mobile-first CRM tools, property leads and transaction support for independent real estate professionals - more than 8,000 now use it.

Across All Three

AI Tools

AI-powered features, including a mortgage chatbot and workflow automation, to speed up quotes, applications and client management.

The Difference

No Inventory, No Branches

The problem Huspy set out to solve is friction. Home financing in the region has historically meant slow, opaque, paper-heavy processes where buyers rarely see every option available to them. Huspy's answer is transparency: put every rate and product in one place, and automate the steps in between.

What sets it apart from a traditional brokerage is the model. Huspy runs an asset-light, network-based marketplace. Independent agents source leads from marketplaces like Property Finder and Idealista while running their business on Huspy's technology. The company earns commissions and success fees from agents and banks when deals close - it does not carry property inventory or the overhead of branch offices.

Growth Signals

Selected company-reported metrics
UAE mortgage share
~30%
Dubai home financing
25%+
Spain YoY (2024)
20x
Revenue vs 2022
10x

Bars are relative and illustrative, not to a common scale.

The Money & The Milestones

Five Years, Four Rounds

2020

Founded in Dubai

Jad Antoun and Khalid Ashmawy launch Huspy to simplify mortgages and home buying in the UAE.

2021

Early funding

Seed capital from COTU Ventures and BY Ventures; the platform and broker tools take shape.

2022

$37M Series A

Peak XV Partners leads the round; Huspy launches operations in Spain.

2024

Spain scales 20x

The Spanish business grows more than 20x year-on-year; a top-3 agency in Valencia.

2025

$59M Series B

Balderton Capital leads; plans for 10+ cities and entry into Saudi Arabia.

Series B - July 2025

$59 million, led by Balderton Capital with Peak XV, ExBorder Partners, Turmeric Capital, BY Ventures, Dara Management, COTU Ventures and KE Partners participating.

Series A - June 2022

$37 million, led by Peak XV Partners (formerly Sequoia Capital India & SEA), funding the launch into Spain.

Also of Note

Huspy has acquired UAE mortgage brokerages Just Mortgages and Finance Lab to deepen its brokerage capability.

The People

Who Is Behind Huspy

JA

Jad Antoun

Co-Founder & CEO

Previously worked at Dubai venture firm Beco Capital before founding Huspy.

KA

Khalid Ashmawy

Co-Founder

Co-founded Huspy in 2020 to rebuild the home-financing experience.

The team now numbers around 750 people spanning more than 40 nationalities, working from tech hubs in the UAE and Spain. The company frames its purpose plainly: make buying a home feel like a celebration rather than a source of stress.

proptechfintechdigital mortgagemarketplaceb2b2cuaespainai tools
Where It Fits

The Market Around Huspy

Huspy sits at the crossroads of proptech and fintech. On one side are property marketplaces such as Property Finder, Bayut and Idealista, which list homes but stop short of financing. On the other are banks and traditional mortgage brokers, which handle loans but not the search. Huspy stitches the two together, and in doing so competes with both - as well as with newer regional proptech players like Egypt's Nawy.

Its Edge

A repeatable city-launch playbook, an asset-light network of independent agents, and an early lead in AI tooling for brokers - the combination Balderton cited when it re-invested.

The Road Ahead

Operating in Dubai, Abu Dhabi, Madrid, Valencia, Alicante and Malaga today, Huspy plans to reach 10+ cities and enter Saudi Arabia, targeting most major European and Middle Eastern cities within four years.

Watch & Explore

Interviews & Demos

Video links open a YouTube search for the latest official interviews and demos.

Good To Know

Frequently Asked

What does Huspy do?
Huspy runs a digital platform for buying and financing homes, letting buyers search properties, compare mortgages from 25+ banks and get pre-approved, while giving agents and brokers the tools to close deals.
Who founded Huspy and when?
Huspy was founded in 2020 in Dubai by Jad Antoun (CEO) and Khalid Ashmawy.
How much funding has Huspy raised?
Roughly $96 million to date, including a $37M Series A in 2022 and a $59M Series B in July 2025 led by Balderton Capital.
Where does Huspy operate?
In the UAE (Dubai, Abu Dhabi) and Spain (Madrid, Valencia, Alicante, Malaga), with plans to expand to more cities and into Saudi Arabia.
How does Huspy make money?
It earns commissions and success fees from banks and real estate agents when mortgages and property transactions close, rather than owning inventory or running branch offices.
Connect

Links & Sources

Profile compiled from public sources, July 2026. Figures are company-reported and approximate.