UAE-based PropTech startup Huspy, announced the acquisition of two mortgage brokerages, Just Mortgages and Finance Lab. Both companies’ founders and employees will join Huspy.
The two transactions follow Huspy’s purchase of Home Matters in January of this year. By bringing together players within Huspy, we can improve the processes of getting a mortgage with technology and provide home buyers with market-leading financing offers. All of this brings the company closer to its ultimate goal of improving the region’s home buying ecosystem. The UAE’s multibillion-dollar property market is experiencing record-breaking demand, with sales increasing by 25% in Q2 2022.
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UAE-based PropTech startup Huspy, announced the acquisition of two mortgage brokerages, Just Mortgages and Finance Lab. Both companies’ founders and employees will join Huspy.
The two transactions follow Huspy’s purchase of Home Matters in January of this year. By bringing together players within Huspy, we can improve the processes of getting a mortgage with technology and provide home buyers with market-leading financing offers. All of this brings the company closer to its ultimate goal of improving the region’s home buying ecosystem. The UAE’s multibillion-dollar property market is experiencing record-breaking demand, with sales increasing by 25% in Q2 2022.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.