Huspy Raises $59M to Expand Mortgage Fintech Across Middle East and Europe

Dubai-based Huspy secures $59 million to scale its mortgage fintech operations, targeting Saudi Arabia and new Spanish cities next.

Dubai-based mortgage fintech Huspy has raised $59 million in a Series B round to expand its digital real estate platform across new markets. This funding round highlights the growing momentum behind mortgage fintech in the region and positions Huspy for ambitious growth.

Backed by Leading Global Investors

The round received strong support from returning investors like Balderton Capital and Peak XV Partners (formerly Sequoia Capital India & Southeast Asia). Additionally, ExBorder Partners, Turmeric Capital, BY Ventures, Dara Management, and KE Partners also participated.

Although the total valuation wasn’t disclosed, the presence of repeat investors signals strong confidence in Huspy’s business model and growth plans. This new funding will accelerate expansion while strengthening Huspy’s technology stack.

Saudi Arabia Next in Line for Launch

Following the fundraise, Huspy announced Saudi Arabia as its next target market, with hiring underway across multiple strategic roles. The company aims to offer its fully digitized home financing solutions in a region where demand for housing is rising rapidly.

This move underscores Huspy’s broader mission: to digitize the fragmented mortgage market across high-growth urban centers in the Middle East and Europe. Clearly, Huspy is building for scale, not just visibility.

Over $7 Billion in Transactions Processed

Since launching in the UAE, Huspy has already facilitated more than $7 billion in real estate transactions. Impressively, the platform processes over 25% of Dubai’s residential mortgage volume, making it the country’s largest mortgage player by volume.

Beyond the UAE, Huspy has made inroads in Spain, operating in cities such as Madrid, Valencia, Alicante, and Malaga. Plans are in place to expand into six more Spanish cities by year-end, reflecting strong cross-market ambition.

Mortgage Fintech Filling a Major Market Gap

The company’s vision is to simplify the mortgage process—a traditionally complex and paper-heavy experience. While many fintechs target payments or lending, Huspy uniquely focuses on mortgage fintech, offering solutions across the real estate value chain.

From customer onboarding to broker-lender coordination, Huspy’s platform reduces time, effort, and uncertainty for homebuyers. As a result, both consumers and institutions benefit from greater speed, transparency, and reliability.

Strong Investor Confidence in a Growing Niche

Returning investors like Balderton and Peak XV believe Huspy can navigate diverse regulatory environments while maintaining local expertise. Their confidence reflects a shift toward specialized fintech categories like real estate finance, which require deep operational focus.

Despite slower fintech adoption in the Middle East’s real estate sector, Huspy has shown that with the right strategy, digital mortgages can scale rapidly. Now, its cross-border traction gives it a unique edge among regional competitors.

Reinventing the Home Financing Experience

Huspy wants to do more than offer access to mortgages. Its mission is to redesign how people experience property buying, from search to financing. With real estate often being the biggest life investment, clarity and convenience matter deeply.

By focusing on local compliance and integrated workflows, Huspy delivers a platform that works across regions, while staying aligned with regulatory frameworks.

A New Era for Mortgage Fintech

With operations scaling in the UAE, expanding across Spain, and entering Saudi Arabia soon, Huspy is evolving into a pan-regional mortgage fintech leader. Its end-to-end model is setting a new benchmark for digital real estate financing.

Clearly, the $59 million Series B round is not just capital. It’s a strong signal that mortgage fintech is no longer a niche, but a core pillar of the property ecosystem’s future in the Middle East and Europe.

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