Recommended Free Tools
Egypt-based property platform Nawy announced a $52 million Series A equity round on May 12, 2025, led by Partech. The company said it would use the funding to scale in Egypt, expand into other MENA markets, develop products, and build AI and data infrastructure. A separate mortgage-related debt facility was reported at either $23 million or $24 million, depending on the source, and should not be conflated with the $52 million equity raise.
How much did Nawy raise, and who invested?
Partech announced the $52 million Series A on May 12, 2025, and led the equity round. The named participants were e& Capital, March Capital Investments, Verod-Kepple Africa Ventures, VentureSouq, Endeavor Catalyst, Development Partners International through the Nclude Fund, Shorooq Partners, Outliers, HOF Capital, and Plug and Play. Partech’s announcement describes the financing as equity.
The $52 million is the clearest figure for the Series A itself. A separate debt facility is tied to Nawy’s mortgage offering: Partech reported $24 million, while Nawy and TechCrunch reported $23 million. The sources do not explain the $1 million difference. TechCrunch calls the combined amount $75 million, adding its $23 million debt figure to the equity round; that combined total is not the Series A equity amount.
What does Nawy do?
Nawy began as a property listings business and describes its current platform as spanning property discovery, transactions, investment, financing, and management. Its offerings address different stages of a property transaction:
#1 Best Overall
- Nawy Partners is a broker enablement platform. TechCrunch reported that more than 3,000 brokerages used it in May 2025.
- Nawy Now is the company’s licensed mortgage solution. The separate debt financing reported alongside the equity round was for this mortgage offering.
- Nawy Shares is an off-plan fractional ownership product.
- Nawy Unlocked focuses on refurbishing, managing, and renting idle or unfinished units following Nawy’s acquisition of ROA.
The breadth helps explain why the company’s expansion plans involve more than adding property listings: its stated ambition includes the technology and services supporting financing, investing, brokerage, and property management.
What will Nawy use the Series A money for?
Nawy said the equity would fund four priorities: scaling its business in Egypt, entering additional MENA markets, developing its products, and investing in AI and data infrastructure. The announcement described these as intended uses, not as completed expansion or product launches. CEO Mostafa El-Beltagy said the funding would fuel expansion, strengthen technology, and support the company’s effort to reshape real estate across MENA and beyond.
Rank #2
Which markets is Nawy entering?
At the time of the May 2025 announcement, TechCrunch reported that Nawy was targeting Morocco, Saudi Arabia, and the UAE. A target market is not the same as a completed launch. In a later company update, Nawy said it acquired a significant stake in UAE-based SmartCrowd in July 2025 and described the deal as its entry into the GCC. That subsequent transaction is evidence of UAE activity, but it does not establish that Nawy entered every market named in its earlier plans.
What do Nawy’s reported growth figures show?
Nawy reported more than $1.4 billion in gross merchandise value (GMV) in 2024, compared with $38 million in 2020. GMV is the value of transactions facilitated or recorded, not the company’s revenue or profit. The figures were reported by Nawy and also cited by TechCrunch; they are not independently audited figures in the cited coverage.
Crashes, No Sound, or Screen Glitches?
Random freezes, missing sound and display glitches usually trace back to one bad driver. Find and replace yours safely.Free scan · under a minuteWindows Errors? Fix Them Before They Spread
Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallNawy said its monthly user base exceeded one million. TechCrunch separately described more than one million monthly visitors. Those labels are source-specific and should not be treated as identical measures. Nawy and TechCrunch also reported more than 3,000 brokerages using Nawy Partners.
In a February 2026 update, Nawy reported that SmartCrowd had facilitated more than $110 million in property transactions and distributed more than $40 million in returns across 130-plus countries. These are company-reported SmartCrowd figures, not independently verified results in the cited sources.
Does “Africa’s largest proptech” have a verified ranking?
Nawy and lead investor Partech have described the company as Africa’s largest proptech, and TechCrunch used that characterization in its coverage. The cited announcements and report do not provide a ranking methodology or define which companies and measures are included. Treat “largest” as company and investor positioning rather than an independently established ranking.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What is the status of the proposed IFC investment?
An IFC project disclosure dated August 25, 2026, and updated September 1, 2026, describes a proposed equity investment of up to $20 million in Nawy. The disclosure labels the project pending approval and says it is a factual summary of a potential investment, not an indication of the board’s decision. It is therefore not a completed financing in that disclosure. The IFC project page provides the status.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
