UAE Startup Huspy Secures $59 Million to Expand in Europe

Huspy, a startup based in the UAE, has raised $59 million to help it grow in Europe. Founded by Jad Antoun, Huspy aims to make the home buying process easier and quicker for people. In 2020, many customers faced lengthy paperwork and confusing price differences when applying for mortgages in Dubai. Recognizing these challenges, Antoun created a platform that simplifies the way people purchase homes online in the UAE. With this new funding, Huspy plans to expand its services to European markets, where it hopes to replicate its success. The startup's goal is to provide a more efficient and user-friendly experience for homebuyers, making it easier for them to navigate the often complicated real estate landscape. As Huspy grows, it aims to change how people buy homes, making the process more accessible and less stressful.
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