From Cairo to the Middle East, Nawy’s tech-driven platform is making real estate investing easier, more transparent, and accessible for millions.
In May 2025, Egyptian proptech startup Nawy made headlines by raising $52 million in Series A funding-one of the largest rounds ever for an African startup. This milestone not only validates Nawy’s unique business model but also signals a new era for real estate investment and technology in Egypt and the broader Middle East and North Africa (MENA) region.
With a vision to bring transparency, efficiency, and accessibility to a traditionally opaque market, Nawy is leveraging technology to reshape how people buy, sell, and invest in property. Here’s how this Cairo-based company is setting new benchmarks for the real estate industry.
The Challenge: Fragmented Markets and Limited Access
For decades, buying property in Egypt was a daunting process. Homebuyers relied on personal connections, commission-driven brokers, and developer brochures, often receiving biased advice and facing a lack of transparency. Mortgages were rare, and middle-income Egyptians found themselves priced out of the market.
This environment created a pressing need for a platform that could simplify property transactions, offer unbiased information, and open up investment opportunities to a wider audience.
Nawy’s Solution: A Full-Stack Real Estate Ecosystem
Founded in 2019 by Mostafa El Beltagy and his team, Nawy started as a property listings platform but quickly evolved into Africa’s largest proptech ecosystem. Today, Nawy offers:
- Nawy Shares: A fractional ownership product allowing users to invest in real estate with as little as $500, making property investment accessible to Egypt’s middle-income population.
- Move Now Pay Later: An innovative mortgage product that enables installment-based property purchases, backed by a $23 million debt facility from Egypt’s top banks.
- Nawy Unlocked: Property management and rental monetization services, following the acquisition of the startup ROA.
- Nawy Partners: A platform empowering over 3,000 brokerages with advanced tools and tech-driven sales enablement.
These offerings have created a seamless, technology-driven experience for buyers, sellers, and investors.
Record-Breaking Growth and Impact
Nawy’s impact on the Egyptian real estate market is nothing short of remarkable:
- Over $1.4 billion in Gross Merchandise Value (GMV) in 2024, up from $38 million in 2020-a more than 50-fold increase in just four years.
- 1 million+ monthly users visit Nawy’s platform, making it a go-to destination for property seekers and investors.
- 200% year-on-year sales growth targeted for 2024, with ambitions to reach EGP 80 billion in real estate sales, up from EGP 26 billion in 2023.
- Resilience amid economic volatility: Despite the Egyptian pound losing 69% of its value, Nawy’s revenue in U.S. dollars soared, thanks to high demand from both local and expatriate buyers.
These figures highlight Nawy’s ability to turn market challenges into opportunities for growth and innovation.
Making Real Estate Investment Easy and Inclusive
One of Nawy’s standout innovations is Nawy Shares. This product allows anyone to invest in premium properties by purchasing fractional shares, democratizing access to real estate-a sector traditionally reserved for the wealthy. Investors can diversify their portfolios, track their income and property appreciation online, and start with minimal capital.
Properties listed on Nawy Shares are carefully selected for high return on investment (ROI) and are located in some of Egypt’s most desirable new developments, including projects by top developers like Emaar Misr and Hassan Allam Properties.
Getting started is simple:
- Choose a property,
- Upload identification,
- Make a payment,
- Sign the reservation form,
- Track investments online.
This streamlined process removes barriers and opens doors for thousands of new investors.
Regional Ambitions: Expanding Across MENA
With its fresh $52 million Series A funding-led by Partech Africa and joined by global and regional investors-Nawy is setting its sights beyond Egypt. The company plans to expand into Morocco, Saudi Arabia, and the UAE, targeting some of the fastest-growing real estate markets in the world.
To support this ambitious growth, Nawy is also integrating artificial intelligence into its platform, enhancing product development and operational efficiency. The company is actively seeking further acquisitions to strengthen its presence and product offerings across the region.
What’s Next for Nawy?
Nawy’s journey is far from over. The company is already planning a $50 million Series B round in 2025 to fuel its international expansion. By continuously innovating and adapting to market needs, Nawy is poised to lead the digital transformation of real estate in MENA and beyond.
Conclusion
Nawy’s $52 million Series A is more than just a funding milestone-it’s a testament to the power of technology to transform industries, empower individuals, and drive economic growth. By making real estate investment transparent, accessible, and efficient, Nawy is not only changing how Egyptians buy and invest in property but also setting a new standard for the entire region.
As Nawy expands its reach and product offerings, it stands as a model for how startups can turn local challenges into global opportunities, creating lasting value for investors, homeowners, and the wider community.
If you’re interested in real estate investment or want to follow the latest in MENA’s proptech revolution, keep an eye on Nawy’s next moves-this is just the beginning and For more insights and updates on global business trends, visit www.bdigit24.com
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