Egyptian Proptech Nawy Secures $23 Million in Debt Financing to Scale Operations
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menaraisingstars
- June 21, 2025
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Egyptian proptech platform Nawy has successfully raised $23 million in debt financing, a move aimed at significantly boosting its operational capacity and market reach.
Key Details
The substantial $23 million debt facility was secured by Nawy to fuel its expansion plans. This funding will be primarily utilized to enhance its technology platform, expand its team, and increase its presence in the Egyptian real estate market, which is a key focus for the company. The debt financing structure provides Nawy with the capital needed for rapid scaling without diluting equity, a strategic choice for its growth phase.
Implications
This significant debt round underscores growing investor confidence in Nawy‘s business model and the potential of the proptech sector in the MENA region, particularly in Egypt. The funding is expected to allow Nawy to accelerate the development of its integrated platform, offering more comprehensive services to buyers, sellers, and real estate developers. It will also enable the company to potentially explore new segments or geographical areas within Egypt, solidifying its position as a leading player in the digital real estate space. For the MENA startup ecosystem, this round highlights debt financing as a viable option for scaling ventures with proven revenue models.
About Nawy
Nawy is an Egyptian proptech platform focused on transforming the real estate search and transaction experience. The company provides users with tools to search, compare, and ultimately purchase properties through a seamless digital journey. Their platform often includes features like virtual tours, property comparisons, and access to market insights, aiming to simplify the complex process of buying real estate in the Egyptian market. Nawy aims to connect potential buyers with available properties from various developers, enhancing transparency and efficiency in the sector.
Looking Ahead
With the $23 million debt financing secured, Nawy is poised for significant growth. The company plans to leverage this capital to refine its technology, scale its operations, and capture a larger share of the Egyptian real estate market. Their focus remains on building an integrated platform that caters to the evolving needs of both customers and developers, potentially setting the stage for further expansion or product diversification in the future.
Source: Startuprise
