Cairo-based proptech leader Nawy has announced a significant milestone, securing $23 million in debt financing from ten of Egypt’s top-tier financial institutions. This strategic funding will support the rapid expansion of its mortgage offering, Nawy Now, a product designed to make homeownership more accessible by providing fast approvals and flexible payment plans for ready-to-move homes. The financing also reinforces Nawy’s broader mission to transform the real estate experience through a fully integrated digital ecosystem.
Empowering Homeownership Through Nawy Now
The funding will allow Nawy Now to grow its capacity and serve a larger base of homebuyers seeking modern, installment-based solutions to property ownership. Licensed by Egypt’s Financial Regulatory Authority (FRA), the platform provides a simplified alternative to traditional mortgage systems, aiming to remove financial friction in property transactions. With increasing demand for fast, reliable, and transparent home financing, this debt round places Nawy in a strong position to scale impact across Egypt’s housing sector.
A Vote of Confidence from Financial Institutions
According to Amr Malek, Nawy’s Chief Financial Officer, securing this level of debt from leading banks reflects a strong vote of confidence in Nawy’s business model and its future trajectory. Nawy Now, he emphasized, plays a pivotal role within a broader ecosystem that reimagines the homebuying process from end to end. Managing Director of Nawy Now, Omar El Barouny, echoed this sentiment, stating that the financing enables the company to scale operations while offering Egyptians a seamless path to homeownership.
An Integrated Ecosystem of Real Estate Services
Unlike traditional platforms, Nawy operates an integrated real estate ecosystem that supports buyers beyond the point of sale. The journey starts with its digital platform, which helps users search and compare properties, and extends into legal services, mortgage financing, and even post-purchase resale and rental management. This all-in-one model ensures Nawy retains control and visibility across the property lifecycle, streamlining the customer experience and minimizing delays or risk.
Driving Financial Inclusion in a Growing Market
Egypt’s real estate sector is rapidly evolving, and access to flexible financial solutions is becoming essential for middle-income buyers seeking to enter the housing market. Nawy’s ability to unlock installment-based purchasing power plays a key role in addressing this demand, especially for those looking to avoid the rigid structures of conventional bank loans. As financial inclusion gains momentum, Nawy’s digital-first approach offers a timely, customer-centric solution aligned with national housing trends.
Reinforcing Long-Term Value and Post-Sale Engagement
The company's value proposition does not end with the purchase. Through services like Nawy Unlocked, it enables homeowners to generate rental income, while resale services ensure liquidity and sustained value over time. By anchoring its business in ongoing customer relationships, Nawy positions itself not only as a platform for buying homes but as a long-term partner in real estate wealth-building.
With this $23 million debt financing, Nawy has strengthened its foundation to expand mortgage accessibility and reinforce its dominance in Egypt’s proptech market. As it continues to grow its offerings and serve more segments of the population, Nawy is redefining the housing journey through technology, efficiency, and trust. Backed by Egypt’s top financial institutions, the company is poised to lead a new era of digital homeownership in North Africa and beyond.