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Huspy

“Can a UAE-born digital mortgage broker become the end-to-end home-buying OS across the Middle East and Europe?”

Founded2020
HQDubai, United Arab Emirates
FoundersJad Antoun
Total raised$106M
Latest roundSeries B, July 2025
IndustryVertical SaaS / Real Estate

The story

Founded in 2020 as a pure mortgage brokerage platform for UAE home buyers, Huspy digitized a paper-heavy process by aggregating bank rates and enabling online pre-approval. By 2023, it pivoted from a single-product mortgage tool into a broader real estate 'super app' covering properties, agents, and post-purchase services (furniture, maintenance, property management), and simultaneously expanded geographically into Spain. The embedded finance angle is narrow but deliberate: Huspy facilitates a payment gateway for property valuation fees and connects buyers to bank mortgage products, earning referral commissions rather than holding its own balance sheet.

Last 12 months

2025-07

Closed $59M Series B led by Balderton Capital to expand European operations and scale UAE platform.

Product timeline

2020

Founded in Dubai by Jad Antoun to digitize the UAE mortgage brokerage process, offering online mortgage rate comparison and pre-approval.· pivot

2021

Launched public platform connecting UAE home buyers with bank mortgage products and enabling digital pre-approval.· banking

2022

Raised $37M Series A led by Sequoia Capital (Peak XV) with participation from Founders Fund and Fifth Wall, marking first regional investments for both VCs.· ipo

2023

Expanded into Spain (Madrid and Valencia), becoming a cross-market proptech covering UAE and Europe.· pivot

2024

Launched Huspy Broker Portal (mb.huspy.com) enabling third-party mortgage brokers and real estate agents to submit and manage client cases.· banking

2025

Raised $59M Series B led by Balderton Capital to scale European expansion and deepen UAE operations.· ipo

Regulated entities

regulatory licences held by Huspy

Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.

The stack

1 layer disclosed in Huspy’s embedded-finance stack

Lending

Mortgage brokerage — rate comparison and pre-approval facilitation for third-party bank mortgagesCommercial Mortgage brokerage

Accounting gap: none

Huspy — frequently asked

Who founded Huspy?

Huspy was founded by Jad Antoun and is founded in 2020, headquartered in Dubai, United Arab Emirates.

How much funding has Huspy raised?

Huspy has raised $106M in total (latest round: Series B, July 2025).

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